Word: petroleum
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Dates: during 1970-1979
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...would be assaulted. The goal of European imperialism in Africa gradually changed from the establishing of trade centers for the exchange of goods and the gathering of slaves; Europe now aspired to political and territorial domination of the sources of many of the goods they desired--rubber, gold, diamonds, petroleum and others...
During the fifties the Chinese embarked on yet another campaign to spread their sphere of influence through Sinkiang, a province rich in petroleum and minerals important for industry. The regime slowly eased out Soviet influence in the region whose people--Moslem Uighurs, Kazakhs, Uzbeks, Mongols and Russians--were more closely tied ethnically with the Soviet Union than with China. In the years 1958-59 the Chinese met with severe unrest in Sinkiang, leading the regime to assert its need to "heighten Marxist-Leninist thinking and awareness and completely overcome local nationalistic ideas." During the sixties, the Chinese repeatedly encountered revolts...
...only country to send troops to support U.S. marines in the Dominican Republic in 1965. Brazil gave aid and material support in 1971 to General Hugo Banzer's Bolivia. Brazil's interests in Bolivia include one of the largest iron-ore deposits in the world and natural gas and petroleum deposits. General Stroessner, recently elected president of Paraguay, signed a treaty in May 1973 with Brazil rather than a proposed contract with Argentina, for the rights to build one of the world's largest hydroelectric plants in the River Plate basin...
...first multinationals, and the wide spaces between deposits and consumers has made oil the world's most international industry. The oil trade is also one of the most concentrated industries--seven companies, Standard Oil of New Jersey, Royal Dutch Shell, Mobil, Texaco, Gulf, Standard Oil of California, and British Petroleum, account for over a third of oil investment, and over half of world-wide sales...
...seems to flourish best in small, company-dominated towns like Bartlesville, Okla., headquarters of Phillips Petroleum Co., the nation's 36th largest corporation. Producer-Writer-Reporter Jay McMullen uses Phillips employees to demonstrate in vivid human terms the truth of the generalization that a large number of Americans are eager to trade most of their autonomy as individuals in return for the security and group identification that the organization offers...