Word: petroleum
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Dates: during 1950-1959
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What is the condition of Russia's oil industry? How much petroleum is being produced? This week Dr. Leonid P. Smirnov, former chief Arctic geologist for the Soviet Union, gives some of the answers in the Socony-Vacuum publication, The Flying Red Horse. As the top oil explorer in Russia from 1925 to 1942, Dr. Smirnov discovered the Arctic fields in the Taimyr-Lena area, and the rich Second Baku basin, which stretches from the Caspian Sea to the Arctic. But in 1949, disillusioned with Communism because "I saw what it was in practice and didn't like...
Stackpole stops his story before the petroleum boom came along to supply most of the world's need for oil. But even before that, the clouds were gathering over Nantucket. Stubborn sand bars drove captains to New Bedford and other ports; the appeal of the Gold Rush drew crewmen to California. But if the oldtime whaling man disappeared, he left a record behind him, as Author Stackpole notes, as citizen of the world, man of industry, oceanographer and as "a sea-hunter whose exploits make ... a bright page in American history...
...state is having a hard time finding managers who know their jobs. Chia announced a new set of production goals, but did not compare them with the more grandiose targets proclaimed earlier. This year, said Chia, machine-tool production will increase 4.6% (not 34%'as announced in February), petroleum 29.1% (instead of 42%). Peking had promised earlier to build or enlarge 21 steel mills and 24 machine-tool works in 1953; according to Chia. only four steel mills and ten machine-tool plants will be built or expanded...
...science cannot let well enough alone. In the Bulletin of the American Association of Petroleum Geologists, Geologist Dorsey Hager attempts to prove that Meteor Crater is nothing but an ancient sinkhole that just happened to get peppered, late in its life, by a swarm of meteorites. According to Hager, Meteor Crater started as a steep-sided dome thrust upward several million years ago by geological forces. Its rock was splintered by distortion, and water penetrated to "evaporite" (salt) beds far below it. After millions of years, the water removed a lot of this soluble stuff, leaving enormous caverns. At last...
They kissed the captain on both cheeks, handed him a big basket of flowers and an autographed photo of Mohammed Mossadegh, "in commemoration of the heroic first shipment of petroleum from Iran to Japan...