Word: petroleum
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Dates: during 1950-1959
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DEPARTMENT OF THE INTERIOR: petroleum, gas, solid fuels, electric power...
...item significantly missing from this Alemán program: petroleum development. The U.S. currently refuses to lend money for oil development and exploration abroad. "Our position," explained Ex-Im's Chairman Herbert Gaston crisply, "is that there is adequate money available in private capital for oil development...
...118th meeting of the American Chemical Society in Chicago attracted some 9,000 scientists who brought along a staggering total of 1,181 papers. The chemists and chemical engineers were pleased by progress in production and use of cortisone and ACTH, delighted by reports on improved petroleum weapons in man's war against the insects, but worried about a major problem of the atomic age: safe disposal of deadly radioactive waste material...
...went to work at 14 as a barber's apprentice, became in turn 1) owner of the biggest barbershop in Creston, Iowa; 2) a prosperous bond salesman; 3) a spectacularly successful wildcatter in Oklahoma's brawling oilfields; 4) a bank president; 5) founder-president (1917) of Phillips Petroleum Co. (current assets: $625 million...
...cousin, since many of the WPB powers will be spread among other departments. The Agriculture Department's Charles Brannan, for example, will control production of food, agricultural equipment, cotton, wool and other textiles. Interior's Oscar Chapman will regulate the production and distribution of electric power, gas, petroleum, coal and other minerals. Wage controls will probably be the special province of Secretary of Labor Maurice Tobin...