Word: oiling
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Dates: during 1950-1959
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...outgrowth of existing West European agreements, the Common Market Treaty plans to eliminate all tariff walls and erect a common rate among its signing nations. To further this common economic endeavor, a second treaty, "Euratom," will set about overhauling Europe's industrial power, replacing by 1967 present coal and oil energy with 15 million kilowatts of unclear power. While the Common Market Treaty will produce tensions and stresses when attempted (Germans are already complaining about their disproportionate contribution to proposed French West African development), Euratom is the more ambitious of the two projects...
...Petroquímica seems destined not only to grow but to become a threat to foreign oilmen. Caldera is building a small (3,000 bbl. a day) oil refinery, plans to build a huge one (300,000 bbl. a day) in the industry's third phase. The fact that most refining of Venezuelan crude is now done elsewhere is a sore issue between the government and the foreign-owned companies. La Petroquímica's action in building refineries, which primarily make fuel rather than the raw materials of petrochemicals, is a clear statement that Venezuela intends...
...Costello's boys, or 2) his frustrated employers. Costello, his feelings more wounded than his noggin, professed amazement over the incident: "I don't have an enemy in the world." Frankie's best guess on whodunit: "I got some dry holes - supposed to be oil wells-in Wise County, Texas. Maybe some big oil company thinks those wells have oil and tried to bump...
...Cash men were not licked. To keep the ink from joining the clay, they dissolved it in oil and churned it into microscopic droplets in a solution of gelatin and other gummy colloids. Then they caused the gelatin to precipitate on the oil droplets, enclosing them in capsules only one ten-thousandth inch in diameter. This trick solved the problem. The capsules and clay can be on the same side of the paper, but the paper remains white until pressure of a pencil or impact of a typewriter breaks the capsules; then the ink mixes with clay and turns blue...
...Sinclair Oil Corp., Tidewater Oil Co., Standard Oil Co. (Ohio), Standard Oil Co. (Indiana) and Cities Service Co. announced their best earnings in history, with profits up anywhere from 8.5% to 29%. ¶Eastman Kodak Co., with gains in nearly all major photographic lines, reported record sales and profits for 1957's first quarter. Sales were up 5.4% to $163 million, while earnings rose 4% higher than in 1956 to $17.7 million. ¶ Federated Department Stores, Inc. announced a new record for the fiscal year ended Feb. 2. Sales jumped $63.7 million to an alltime high of $601 million...