Word: piped
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Dates: during 1920-1929
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There are three salient features to the Colombian petroleum industry: first, the marked predominance, amounting almost to monopoly, of American capital in that field; secondly, the difficulty of access from the seaboard to the richer deposits, necessitating excessive costs of pipe line construction and drilling, which are nearly double those for corresponding work in this country and Mexico; thirdly, the legal status of the industry was radically changed in November and December, 1919, when a decree of the Colombian Supreme Court, followed by a new petroleum code, put an end to various government owner ships and "nationalization" schemes and removed...
...Pittsburg which had been operating that concession, was amalgamated early in 1920 with the International Petroleum Company, a Canadian subsidiary of the Standard Oil, and plans have recently been formulated for the completion of a refinery near the wells and for the construction of a $20,000,000 pipe line to the Carribean ports. The Transcontinental Oil Company, of Delaware, organized in 1919, is about to undertake active exploitation of a tract of one million acres near the DcMares field; and the British Balfour group, which is interested in Peru, also holds a claim in that vicinity. This upper Magdalena...
...Mile Pipe Line Proposed...
...cooperation with the subsidiary of the Henry L. Doherty interests of Pittsburg. Transportation problems have somewhat embarrassed these operations since the field is accessible only from the east by way of the Catatumbo River and Lake Maracalbo; but it is now proposed to lay a two hundred mile pipe line to the Carribean over a hitherto unfrequented pass which is over five thousand feet in elevation...
Among other interesting articles are, a fife that belonged to Major Andre, one of the crimson crew handkerchiefs which led to the adoption of that color by the University, and a large meerschaum pipe which was once the property of Oliver Wendell Holmes...