Word: oils
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Dates: during 1940-1949
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...more significant for the future than the harnessing of steam or electricity, or the invention of the internal-combustion engine had been in the past. But that future might be many years distant. Atomic energy, President Truman said, cannot now be produced on a basis to compete with coal, oil and falling water. Said the President: "There must be a long period of intensive research...
Four years ago Iran declared war on Germany and Japan turning all its facilities, including its oil wells, over to the Allies. Regarding the American British and Russian troops now stationed in Iran. Professor Mesbahzadeh voiced the hope that these soldiers would be removed in the near future. He further stressed that the recent action of the Iranian Parliament prohibiting foreign oil concessions was not directed against any one nation...
...Oil. Oil-company profits went right on gushing skyward. Net income of the Standard Oil Co. of California for the first half jumped from 1944's $9.8 million to $14.7 million. Smaller Phillips Petroleum did better; its $2.96 a share compared with $1.83 of a year ago. Standard Oil Co. (N.J.) came up with an estimate of a cool $84 million v. $71 million...
High-octane gasoline is a mixed blessing. Without it modern aviation would be impossible, but as every airman knows, its touchy inflammability makes it more dangerous than dynamite. Last week the Standard Oil Development Co. demonstrated a new high-octane fuel which it hopes will greatly reduce the fire hazard. They tested it by dropping a flaming match into the stuff. The match went...
...usable in military aircraft (when hit by an incendiary bullet, it may atomize and explode - explode-something like a dust explosion). Standard Oil thinks its most likely use will be in postwar, civilian, long-range flights: the fuel is so safe that it will make feasible the refueling of planes...