Word: oils
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Dates: during 1940-1949
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Handle. In Olcott, N.Y., a Mr. Ten Brook, who was christened in 1876 (the year of the Philadelphia Centennial) for one Judge Hodge (owner of the opera house, manufacturer of gargling oil and supporter of Samuel J. Tilden for President), gave his name as John Hodge Opera House Centennial Gargling Oil Samuel J. Tilden Ten Brook...
...touchstone was oil. Under Brazil's jungle, oilmen hope to find petroleum pools that will make the Western democracies less dependent on the strategically vulnerable Middle East. Brazilians, who last year spent $85 million on imported gasoline and fuel oil, are just as anxious to see the fields brought in. Though they lack the money to do their own proving, they have blocked exploration by foreigners...
...oil diplomats of Jersey Standard, Shell and Texaco were anxiously waiting for Congress to write a law that would give them a freer hand in production, refining and distribution. Always before, the government had felt that Brazilians should control sales in Brazil. Now, with Dutra looking their way, the companies might get a law to their liking...
Americans, hopeful of finding some shred of sense in their Government's action, offer oil as a reason. But although Arab oilmen may make threatening gestures at first, in the long run Arab shrewdness will prevail. They realize that America alone has the price for their oil and they are hungry enough for dollars to sell the precious liquid to the United States. Oil alone is not the answer...
Fill 'er Up. Despite last year's peak production of two billion barrels of oil, the U.S. discovered about 700 million barrels more than it tapped. At year's end, known U.S. reserves were 24,741,660,000 barrels, an alltime high...