Word: petroleum
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Dates: during 1950-1959
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...called because they have no connection with any interstate gas pipelines. Some well-known "independents": Shell Oil Co., Phillips Petroleum Co. and Sun Oil Co. Some well-knojwn parerrts of other "independents": Standard Oil (N.J.), Standard Oil (Ind.) and Sooony-Vacuum...
South America's main ills, the conference concluded, were economic rather than political; the indicated treatment was increased productivity all along the line. To achieve this cure, the diplomats agreed, there must be more U.S. dollar investment, especially by private capital, in fields other than petroleum and mining...
...last week, the U.S. Government had spoken softly in its fight against Britain's restrictions on dollar oil (TIME, Jan. 2 et seq.). Then it decided the time had come to waggle a big financial stick. ECA's petroleum chief, Oscar Bransky, told a House subcommittee that Britain will get no more ECA dollars for expansion of its own oil refining industry until the fight is settled...
...presenting the trophies, Clarence S. Beesemyer, vice president of California's General Petroleum Co., the contest's sponsor, said: "These mileages give the general public something to shoot at. They prove just what a properly driven and properly maintained car will do." But few U.S. drivers would sandpaper their feet for such mileage...
...year) are directed towards supplying the needs of war-torn or economically undeveloped areas, and almost always they offer their wares by selling the con cept as hard as the product. They sell insecticides, antibiotics and pharmaceutical products, for instance, by selling American standards of health; they sell trucks, petroleum products, road-building equipment and automotive replacement parts by selling American standards of transportation; they sell agricultural equipment by selling American standards of food productivity; they sell office equipment and engineering services by selling American standards of efficiency...