Word: petroleum
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...years ago the U.S. Supreme Court gave the Federal Power Commission new authority that the regulatory agency did not want. The court ruled, in connection with a rate case involving Phillips Petroleum Co., the biggest independent U.S. producer of natural gas, that FPC must set rates in intrastate as well as interstate natural-gas markets. The decision broadened the FPC's job to include setting rates for some 3,000 independent natural-gas producers (i.e., producers with wells but no interstate pipelines...
...skies are less common than they once were, and smarting eyes a chronic complaint. Air pollution is no respecter of size; more than 10,000 U.S. communities are afflicted to some degree. Most U.S. smog is of the eye-irritating "Los Angeles type," composed primarily of nitrous oxides and petroleum products loosely known as hydrocarbons, much of it traceable directly to automobile exhausts. Every day in the Los Angeles basin, more than 12,500 tons of pollutants are discharged (80% by autos) into the air-and without the city's severe industrial controls, the daily dosage would...
WORLDWIDE CONTROLS on oil prices are being planned by Venezuela and the Middle East oil producing countries aroused by recent price cuts in crude by major oil companies. Venezuela, Saudi Arabia, Kuwait, Iraq and Iran formed the Organization of Petroleum Exporting Countries to present a united front in dealing with oil companies, want to ban price cuts without prior consultation with producing nations...
...product spawns other new products as it jolts older competitors into fresh efforts to improve their lines. When the textile industry threatened to turn to the new synthetic fibers, the cottonmakers developed resin treatments to make cotton wash-and-wear. Polypropylene, one of the newest and cheapest of the petroleum plastics, is now putting the pressure on more expensive cellophane. Produced as a fiber, it promises to make the best no-ironing blend of cloth. Laverne's "invisible" chairs are made of the plastic, make any room look bigger, less cluttered. Esso is experimenting with colored highways made from...
...Though it produces and exports more goods than ever, Latin America's income from foreign trade is dropping. The prices of what it sells (coffee, farm products, petroleum, minerals) are falling; the prices of what it buys (industrial ma-thinery, tractors, cars) are rising steadily. ¶Foreign private investment-as lately as five years ago the Latin American area was the No. 1 beneficiary-is falling fast. Capital from U.S. Government sources has also been decreasing. In 1959, the Export-Import Bank of Washington collected far more in repayments and interest from the region than it laid...