Word: oiling
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Dates: during 1950-1959
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...uncertainty" was declared, during which all stations and planes were urged to look and listen for the plane. Half an hour later, an emergency was declared. Ten hours passed before an R.A.F. Coastal Command plane, scouring the sea some 40 minutes out from the Irish coast, spotted traces of oil. Coming down to 100 ft., the pilot saw the dreadful midden of disaster: partly inflated rubber life rafts, remnants of cabin furnishings, handbags, bodies, floating luggage...
Argentina. A month ago, President Arturo Frondizi shattered his country's traditional go-it-alone oil policy by announcing that nearly $1 billion worth of oil development contracts were closed or nearly closed with a long list of foreign oil companies and investors. Argentina has an estimated 2.3 billion bbl. of oil in underground reserves, but snail-slow development forces the country to spend about $300 million a year for imported petroleum and petroleum products...
...send atomic-powered heat and light. If that seemed pretty cushy for explorers, it made practical scientific sense. The polar fuel bill is huge, and along the Arctic's 3,000-mile DEW line as well, U.S. radar stations could well use small reactors instead of flying in oil...
...Gauguin's Still Life with Apples, bought at auction last year by Greek Shipping Magnate Basil Peter Goulandris for the highest known price ($297,000) ever paid for a modern oil (TIME, June 24, 1957). ¶ Most of the little-seen Stephen C. Clark collection, including Van Gogh's Cafe de Nuit, El Greco's Saint Andrew, Rembrandt's Praying Pilgrim, Cezanne's Card Players...
QUARTERLY EARNINGS 1st 2nd (in millions) METALS Aluminium Ltd. $ 5.3 5.1 Anaconda 6.1 4.6 OILS Amerada 5.6 4.3 Getty Oil 7.1 .9 AIRCRAFTS United Aircraft 11.5 10.8 General Dynamics 9.9 10.2 MISC...