Word: petroleum
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Dates: during 1940-1949
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...tire less inventor of solar-energy machines. His newest eliminates many of the circulation pipes which made older models clumsy, costly, tricky. A concave cylindrical mirror, clockworked to follow the sun, focuses the solar rays on a vacuum-insulated tube filled with a heat-absorbing liquid such as black petroleum. As the petroleum heats, it rises to a reservoir, from which cool petroleum then descends into the heating element by gravity. As the reservoir gets hotter, it can be used for cooking, generating steam and even refrigerating (by the absorption method). In a large ma chine, heat gathered during sunny...
Railroad men blasted the Seaway from every side. Their main fear: loss of profitable petroleum, coal and automobile traffic (on the assumption that a new transport medium will divert more traffic than it will generate). Last week an 85-year-old pro-Seaway lobbyist (for Minnesota) named J. Adam Bede, who was a Congressman in 1903-09, remarked: "Aw, I've heard all this before. ... I remember when the railroad people testified that the transcontinental rails would turn to rust if we built the Panama Canal." But like the Panama Canal, the Seaway would cut transportation costs. Proponents have...
...with the might of the Treasury Department and the Coast Guard and the cooperation of the oil companies, he stopped the Azuma Maru from taking on a single barrel of oil. A few days later, so that next time there would be a law, President Roosevelt put all U.S. petroleum products under export control, forbade shipments from Atlantic ports to any place except the Western Hemisphere, the British Empire and Egypt...
Still a puzzle to many a U.S. citizen like Mr. Jobbins was an addendum to the White House statement, which declared: "Further restrictions of shipments of petroleum from the Gulf or Pacific ports of the U.S. is not contemplated." This made sense so far as U.S. shortage was concerned-only the East Coast has a shortage, because of transportation bottlenecks. But in the first three months of this year approximately 3,600,000 barrels of petroleum products (but no high octane aviation gas) were shipped from the U.S. to Japan. And many people wanted to know: Why help China with...
Equally unfortunate, to most Britons, is the setup of the Government's Petroleum Board, which is headed by representatives of the Shell, Anglo-American and Anglo-Iranian oil companies. The Board buys oil from these companies, resells it to them for distribution. Retail profits are fixed, but the oil companies can set the retail price, presumably take a profit on bulk sales to the Board. Cockney comment on the Petroleum Board: "Oh my, ain't it a luvly...