Word: petroleum
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Dates: during 1970-1979
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...flowing with the help of U.S. technicians. Now, however, Arab governments share with their populations a feeling that the U.S. should somehow be made to pay for its support of Israel. That feeling neatly coincides with -and underlies-a mounting demand for a greater share of petroleum profits. The governments do not mind coercing the oilmen in order to force the U.S. to think twice about sending planes to Israel. Items...
Last week Phillips Petroleum Co. announced what it called a "giant" oil discovery-one with at least a billion barrels of recoverable crude-in the North Sea. The new field seems conveniently located: 185 miles southwest of Norway and 200 miles east of Scotland. But it rests 230 ft. under one of the coldest and most treacherous seas a sailor is likely to encounter. Simply pumping out the oil and transporting it to refineries will be difficult and costly...
...European oilmen share Petrofina's enthusiasm. Royal Dutch Shell, which is exploring its own leases in the North Sea, found the estimate a "complete exaggeration." British Petroleum was "slightly surprised" by the find, but an official admitted it was unlikely that Phillips would exaggerate or overestimate. Neither Shell nor B.P. sees North Sea production seriously competing with cheaply transported Middle Eastern crude soon...
Bombed to rubble in World War II, Rotterdam later became a marvel of economic growth. Holland's second biggest city now boasts the world's busiest port and a vast complex of petrochemical plants with blue-chip owners like Shell and British Petroleum. Unfortunately, the marvel also gushes appalling fumes - acrylates, hydrocarbons, paint solvents and sulfur dioxide. Of all Dutch deaths from bronchitis in urban areas, the highest number occur in Rotterdam. Dutch workers are quitting the city's industries, which are seeking replacements from as far away as Turkey...
HARVARD'S one other spraying program has received a clean bill of health from biologists: B and G uses about 40 gallons of oil on lilacs and about 90 gallons of oil on lilacs and hibernating scale insects. The solution dissolves the insects' protective wax and the petroleum then suffocates them...