Word: petroleum
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Dates: during 1960-1969
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Venezuela expects that internal development will reduce sharply its economic dependence upon petroleum and stimulate a new growing point in southwestern Venezuela that will relieve the congestion in the Caracas region...
...Guayana region centers on the confluence of the Orinoco and Caronl Rivers in the southwest section of the country. In the area are rich deposits of iron and maganese ore, bauxite and petroleum. A steel mill is being built there and will be managed by Koppers, and the Reynolds Metal Company and the Venezuelan Government will build an aluminum plant...
...should be able to gather important information about it. No one knows whether it has a magnetic field, or even whether it rotates on its axis. Its surface may be hot, dusty and stirred by terrific winds; it may be covered by a single deep ocean, perhaps made of petroleum instead of water. Any shred of information about the mystery planet will be treasured as a jewel by astronomers...
...most sacrosanct of Latin American sacred cows is state control of production and processing of such fundamental resources as petroleum. Last week Argentina's President Arturo Frondizi,who is not bullied by sacred cows, took pen in hand and signed a $90 million deal whereby two U.S. companies and one British firm will build Argentina's first petrochemical plants to produce synthetic rubber and industrial chemicals. In many Latin lands, such action would have brought out the mobs to smash windows and shout "Yankee, no!" In Argentina, conditioned by three years of watching Frondizi leap from crisis...
Most artificial smokes, Miss Raskin explained, are made of fairly heavy materials such as phosphorus pentoxide or petroleum oils. Even if their particles are only one micron (one twenty-five thousandth of an inch) in diameter, they fall through air at about eight inches per hour, which she considers too fast. Backed by the Air Force, Miss Raskin discovered a way to fluff various kinds of plastic into spherical particles that are mostly empty cells and almost as light as air. Miss Raskin's particles can be colored, and they fall 1,250 times slower than solid smoke particles...