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Word: petroleum (lookup in dictionary) (lookup stats)
Dates: during 1950-1959
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Usage:

...regulate the nation's 3,000-odd independent natural gas producing companies (those not owning their own pipelines), a battle has raged over the question: What is a fair profit for independents? Last week the FPC finally had an answer. In a test case involving the Phillips Petroleum Co. of Bartlesville, Okla., FPC Presiding Examiner Joseph Zwerdling recommended that Phillips be permitted a 9.25% return on its investment. The rate was a compromise between the 18% return asked by Phillips and the 6% return that FPC has been allowing integrated pipeline companies which own their own wells...

Author: /time Magazine | Title: GOVERNMENT: Yardstick for Gas | 4/20/1959 | See Source »

While the decision was by no means as generous as many natural gas companies would have liked, it still came as an overdue relief. The original Phillips Petroleum rate-making action was begun by FPC in 1948, dropped when FPC decided it had no jurisdiction, started again when the U.S. Supreme Court said that...

Author: /time Magazine | Title: GOVERNMENT: Yardstick for Gas | 4/20/1959 | See Source »

...land. Thus, though Iraq is the only Middle East country with plenty of both oil and water, its peasants were as wretched as any in all Asia. And though much of the $200 million-a-year revenue that the government drew from the British-run Iraq Petroleum Co. was devoted to economic development, Nuri's long-range irrigation and dam-building projects made little immediate difference to the vast majority of Iraq's 6,500,000 people...

Author: /time Magazine | Title: IRAQ: The Dissembler | 4/13/1959 | See Source »

Died. Arthur Stassen, 49, director of the petroleum division of the Minnesota state tax department, who left his job as a milkman to take a position in the state government when his 31-year-old brother Harold Stassen, sometime Pullman conductor, became Governor in 1939; of a heart attack; in St. Paul...

Author: /time Magazine | Title: Milestones, Apr. 13, 1959 | 4/13/1959 | See Source »

...remote provinces, where wolves once roamed, 25,000 new settlers have arrived since June 1958 to practice what Frondizi preaches: "The fundamentals for national achievement are petroleum, coal, electricity, heavy chemicals. These mean liberty, democracy, self-determination and well-being...

Author: /time Magazine | Title: ARGENTINA: Operation Patagonia | 4/6/1959 | See Source »

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