Word: petroleum
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Dates: during 1950-1959
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...plant Mao's China now has. The Chinese Communists have yet to produce an all-Chinese jet; their vaunted Manchurian "Detroit" still builds only a few thousand trucks a year, plus an occasional prototype "East Wind" automobile. And despite boasts to the contrary, all indications are that Chinese petroleum reserves are painfully scant. (Production last year: 1.46 million tons v. the U.S.'s 353.6 million tons...
...products, while Seattle's Simpson Timber Co. will content itself-and many a housewife-with a box of Christmas wreaths and greens. Dozens of others will cut it out altogether. The Bank of America is just sending cards-after all, the thought is what counts. Some, like Magnolia Petroleum Co.. will pass even that token...
...rest after winning the governorship of New York State, Nelson Rockefeller went to a country that looms large in his career. Venezuela is the home of Creole Petroleum Corp., most profitable affiliate of the Rockefeller-founded Standard Oil Co. (N.J.), and he once served on Creole's board. But Venezuelans rarely think of him as an oilman; instead, he is the single man who has striven hardest to raise the country's standard of living...
...Creole Petroleum...
They are more concerned by the deal being discussed by Indiana Standard with Saudi Arabia. At the bargaining table sits swart, smiling Sheik Abdullah Tariki, 39, the Arab oil expert whom Americans most respect and fear. Head of the Saudi office of Petroleum and Mineral Affairs, Tariki is an oil engineer with a master's degree from the University of Texas, is divorced from his American wife. His dedicated Arab nationalism is reportedly deepened by painful memories of having been confused with Mexicans in Texas. In the land of sheiks with Cadillacs and concubines, he is regarded as personally...