Word: oiling
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Dates: during 1950-1959
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Syria. Dulles put the current diplomatic point and counterpoint about Syria into proper perspective by recalling Russia's failures in persistent attempts to dominate the strategic, oil-rich Middle East and eastern Mediterranean. In 1940 the Communists went after a spheres-of-influence deal with Ally Adolf Hitler that would give them control "in the general direction of the Persian Gulf"; in 1945-46 the Communists prolonged their wartime occupation of Azerbaijan in northern Iran, were forced out by U.N. pressure; between 1946 and 1949 the Communists sparked the Greek civil war, saw it fizzle out; in 1955 they...
Taking the cure at Baden-Baden with a princely retinue of 90 friends, relatives and retainers, all male (TIME, Sept. 23), Saudi Arabia's oil-rich King Saud took time away from the healing waters to sip tea, and time from sipping tea to sign his autograph for an admirer...
...interviewer, Murrow's reputation suffers from the insipid conversations he conducts on Person to Person (and even some of his See It Now interviews show a lack of the flexibility to follow up an opening instead of going on to a prearranged question). Person to Person (sponsors: American Oil Co. and Hamm Brewing Co. alternating with LIFE) makes its pitch mainly to viewers who want to rubberneck in celebrities' homes. It deliberately casts Murrow, sitting in a Manhattan studio, as a discreet electronic guest whose job is to make polite chitchat, not ask probing questions. Murrow...
Another result was the rise of citizens' groups to seek industry. One of the most dramatic successes was in tiny Glenrock (pop. 1,500). With its chief industry, an outdated oil refinery employing about 60 persons, scheduled to close, Glenrock merchants set up a committee to get new industries that could use the area's big coal deposits...
...PANAMA OIL hunt is exciting wildcatters. Although country has no producing well, U.S. combine of Champlin Oil & Refining Co. (50%), Kerr-McGee Oil Industries, Inc. (25%) and Southland Royalty Co. (25%) has picked up 870,000-acre concession, plans to drill two wells early in 1958. Also in the search: United Fruit Co., which recently got 1,000,000-acre concession...