Word: petroleum
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Dates: during 1960-1969
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...sudden transformation was wrought by the prospect of petroleum deposits on the Tyonek Indians' 27,000-acre Moquawkie reservation. Even so, the ill-clothed, disease-ridden villagers needed pluck as well as luck to reap the benefits. They also needed the dedicated help of Attorney Stanley McCutcheon, 48, onetime speaker of Alaska's territorial legislature, who, as a young man, had befriended the Indians on business trips to Tyonek, and was determined to keep them from being exploited...
Antwerp's greatest expansion is in chemicals. Belgium's own Solvay is putting up a polyethylene plant. The U.S.'s Phillips Petroleum is joining with Belgian partners in a $190 million naphtha plant and with France's Rhone-Poulenc in another venture. Union Carbide has $40 million in construction under way; next month a $20 million Monsanto plant will go into operation. With all this, four major U.S. banks have branched into Antwerp in the past year...
...concentrating on the dark side of Twain, Kaplan's book illuminates the man whose every smile in print was calculated to bite. Without that dark side, Twain might have taken the same level in literature that is occupied by so many of his contemporaries: Petroleum V. Nasby, Josh Billings, George Washington Cable and Bret Harte. But blandness was not in him. He was a reformer-all edges, out of patience with his times, and desperately anxious to transmit the message to all who would listen. Kaplan's book helps explain why the world is listening still...
This year in Germany, coal will be replaced as the primary energy source for the first time-by oil. The oil boom, however, is of little benefit to German companies, because most of the petroleum is supplied and refined by international giants. These companies-Esso, Caltex, British Petroleum, Shell-have also steadily gained control of distribution in Germany until there was only one wholly German-owned company left, Deutsche Erdöl AG. Last week, despite initial objections by the Bonn government, shareholders decided overwhelmingly to sell that lone holdout for about $160 million to Texaco...
...last week things were back to normal. Shortly after Kurdish terrorists tried to blow up the Iraq Petroleum Co. pipeline from Kirkuk to Syria (damaging it slightly), Iraq government MIG-17s and MIG-19s blasted Kurdish supply routes at the base of Zozok Mountain, near the border, plastering hillside, countryside and villages in the neighborhood with machine-gun bullets, rockets and napalm. Kurdish sharpshooters sat out the attacks in caves, surprised army patrols on isolated roads, swooped down one night on the tents of an Iraqi army battalion stationed near the town of Ruwandiz...