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...decision followed a five-year battle that had narrowed down to two leading contenders. Winner was the Pacific Northwest Pipe Line Corp.. headed by Pipeline Builder Ray Fish, who plans to run a line 1,466 miles from the San Juan Basin of Colorado and New Mexico to Bellingham. Wash. Fish has had plenty of experience. His Fish Engineering Corp. built two of the world's longest pipelines: the Transcontinental, from Texas to New York, and the Texas Illinois, serving the Chicago area. He plans to finance the new $160 million line with common and preferred stocks...

Author: /time Magazine | Title: OIL & GAS: Decision for the Northwest | 6/28/1954 | See Source »

Penalty for Stalling. But Canada's western provinces had only themselves to blame. Five years ago, Alberta might have won permission to pipe its gas to the U.S. But it wanted to hold on to enough gas to supply Canada for the next 50 years, decided that Alberta gas should first be piped to eastern Canadian markets. Not until the big Peace River Field was proved did Canada decide that it had more than enough for its own needs, and give an export permit to Westcoast. By then. Pacific Northwest was well along with its plans...

Author: /time Magazine | Title: OIL & GAS: Decision for the Northwest | 6/28/1954 | See Source »

Into the Indian Treaty Room of the Executive Office Building last week strode a pipe-smoking, professorial man to face a group of some 40 Washington correspondents. "My name is Burns, Arthur F.," said he briskly. "First of all, I'd like to request that some kind soul among you, after 30 or 40 minutes, declare in peremptory tones that this meeting has gone on long enough...

Author: /time Magazine | Title: STATE OF BUSINESS: The Chronic Optimist | 6/21/1954 | See Source »

...water off the coast of Louisiana last week, a strange-looking structure on ten giant steel "legs" hummed with activity. On its 203-ft.-long platform, propped 38 ft. above the water, lay all the tools, cables, pipe and machinery needed for oil drilling. In the center stood an oil derrick, at one end a helicopter landing space and a small portable bunkhouse. Built by Manhattan's DeLong Engineering & Construction Co. and J. Ray McDermott Co. of Houston, and leased to Humble Oil, the odd-looking dock-barge is the first of its kind in the world, promises...

Author: /time Magazine | Title: OIL: Floating Drill | 6/21/1954 | See Source »

...Hecht had confined his autobiography to a personal record of such activities, it would have made more interesting reading. But he has padded it with feats of overblown metaphor ("My throat is sick with too much living, as if I had swallowed a long stove pipe") and bursts of gassy lamentation ("About those around me-hardly any have ever given me anything I could use as a human being -love, understanding or comfort"). A Child of the Century drives home the lesson that words and phrases are best kept short and plain-a fact Hecht might have learned from...

Author: /time Magazine | Title: Books: In Rusty Armor | 6/21/1954 | See Source »

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