Word: oiling
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Dates: during 1950-1959
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...Lebanon, Jordan, Iraq and Saudi Arabia - which the U.S. hoped to solidify had fallen into suspicious disorder. Jordan's King Hussein, plagued by a $20 million deficit in his army budget and under fire for his close involvement with the U.S., nervously shot off last week to an oil pumping station on the Iraqi-Jordanian border to ask the aid of his royal cousin, King Feisal of Iraq. Arabia's King Saud, even as he conferred with Lebanon's President Camille Chamoun over ways and means of restoring reason to the aroused Arab nationalists, felt obliged...
...Luxembourg to withhold approval of the Ruhr coal-price hike. To back up the appeal, Erhard wheeled up his biggest price-defense weapon-his power to let more competing imports into the country. As a starter, he ordered his ministry to prepare schemes to slash rail freights on foreign oil and U.S. coal. At week's end the coalmen were still holding their prices up, and Erhard was stubbornly getting ready to fire the gun of low-priced imports that always in the past has knocked them down. Nobody was betting that it would not do it again...
...coats. To arriving friends the man said: "Here, you better take this. It might be cold up there." It was. The gathering party's destination, Fort St. John, B.C., lay smothered under snowdrifts 8 ft. high. But to Francis Murray Patrick McMahon, temporary coat-dispenser and full-time oil-and-gas tycoon, a town buried under snow was no problem. Calling for "all the tractors from Dawson creek to the Alaska border," McMahon's men within hours cleared off Fort St. John's airport, spread gravel on the walks at nearby Taylor and overlaid it with miles...
...Spokane's Gonzaga University (where he was a campus mate of Bing Crosby), began wildcatting in the 19303. In 1939 he formed Pacific Petroleums Ltd., which in less than 19 years has piled up total assets of $34.5 million, holds interests in 7,500,000 acres of potential oil-and-gas lands...
Cockcroft also stated that the United States' nuclear power plants will not be producing a comparable percentage of our electrical energy needs until 1975. He explained that power from American coal and oil reserves will remain economically competitive with nuclear power for another 15 years...