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Word: petroport (lookup in dictionary) (lookup stats)
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...does not know what he is doing," declared one prince. "We should cut and run from OPEC. Why should we suffer to protect them?" Finally in September, the Saudis quietly decided to throw their production into high gear and reclaim the country's lost market share. The giant petroport at Ras Tanura and the offshore loading terminal at Ju'aymah sprang to life, their 56-in. pipes spewing more than 4 million...

Author: /time Magazine | Title: Cheap Oil! | 4/14/1986 | See Source »

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