Word: oils
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Dates: during 1940-1949
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...months seven U.S. oil companies have folded their rigs and suspended drilling in Colombia. Last week Shell, having sunk $90 million trying to get profitably established, announced that it was forced to curtail operations. That left only two small outfits drilling for new fields in Colombia. Three big U.S. companies (Socony-Vacuum, Texaco and Jersey Standard's Tropical) have put too much money into old, producing fields to pull out now; but they have virtually given up trying to find new oil for the present...
...satellites have ignored the clauses limiting their armed forces, both by building up regular armies larger than permitted and recruiting "irregular" formations, such as "frontier guards," militia, etc. They have consistently sabotaged the "property rights" of the Western nations, guaranteed under the treaties, notably by expropriating U.S. and British oil companies. Above all, in a long series of political and religious persecutions, they have trampled on the treaty clauses in which they promised to all their citizens "without distinction as to race, sex, language or religion, the enjoyment of human rights and of the fundamental freedoms, including freedom of expression...
...even some Irishmen admit. Groping for the reason, Irish Poet George William Russell ("iE") once explained that by the time the art of oil painting had spread to Ireland (from England and the Continent), "the Gaelic spirit was suffering obscuration...
...supply of carbon monoxide and hydrogen, the "synthesis gas" used in converting coal to gasoline or diesel oil...
Railroads. The Atchison, Topeka & Santa Fe Railway Co. reported a net profit of $62.8 million for 1948, second biggest in its history (biggest: 1942-5 $73.6 million). But its wholly owned subsidiary, the Western Improvement Co. and its affiliates, which operate the oil, mining and timber enterprises spread beside the Santa Fe's tracks, did even better. Net profit of $11.2 million was its best ever. As in other years, the profit did not go to Santa Fe but into Western Improvement's surplus, bringing it to $58.8 million. Said Santa Fe's President Fred Gurley...