Word: oils
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Dates: during 1950-1959
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...truck he had parked on the street after a 290-mile drive from his home plant, Pacific Powder Co. of Tenino, Wash.. Cause for his worry: his cargo consisted of two tons of dynamite and 4½ tons of Car-Prill (a highly explosive mixture-ammonium nitrate and oil) that he was to deliver to customers at dawn. About 1 a.m.. back in his hotel, he heard fire engines roar by, ran toward his truck. He still had half a block to go and a corner to turn when a blockbusting blast smashed him against the ground. Clocks...
Only one thing marred the luxury-liner atmosphere that hung last week over the self-contained little world called Hassi Messaoud (Blessed Well): the waves that billowed around it were of sand, not of water. Hassi Messaoud, the Dawson City of the great French oil rush of 1959, lies deep in the barren wastes of the Sahara, 400 miles (or three days by truck) south of Algiers...
...create this 20th century oasis has cost France dear; between them, two French oil firms-one 80% government-owned, the other 30% government-owned -have spent an estimated $300 million on Hassi Messaoud and its 40 producing oil wells. Similar sums are being spent at the Sahara's other major field-Edjelé -and 900 miles of Saharan pipeline will cost at least another $60 million...
...payoff has been slight: a scant 480,000 tons of oil last year (compared to Kuwait's 70 million tons). But the promise is enough to give some substance to Charles de Gaulle's dreams of the grandeur of France. For if the Sahara's already proven oil reserves-conservatively estimated at 700 million tons-can be successfully tapped and marketed, France will no longer have to lay out some $300 million a year in hard-won foreign exchange to pay for the oil needed to keep French industry and transport running. More important yet, France will...
...OILS 1958 1959 Socony Mobil Oil $1.30 $1.59 Sun Oil 1.01 1.87 Cities Service 1.68 1.76 Ohio Oil 1.15 1.41 Standard Oil of Calif...