Word: rotterdamers
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Soon after nationalization, the OPEC countries realized they could not compete against the Sisters' global distribution networks; the prospects of Kuwaiti refineries in Rotterdam and Saudi gas stations in Illinois evaporated quickly. Indeed, those countries that had their national oil companies sell crude directly to the world market were usually disappointed with the prices they got and the quantities they moved. So the OPEC countries have negotiated pacts under which the Sisters continue to pump the oil, for a fee, take a guaranteed share for themselves, and buy most of the rest at a fixed price...
...Continental Europe. BP, which has total operating freedom from the politicians in Whitehall, has long emphasized crude production over marketing. The company produces the "blackest" barrel of oil in Europe-that with the largest proportion of low-profit heavy fuel-and early this year closed its biggest refinery, in Rotterdam, for two months because of poor sales. On the other hand, it has done the best job of any Sister in exploiting new oil finds and cutting itself loose from OPEC. As late as 1970, according to Chairman Sir David Steel, BP got 85% of its crude from OPEC countries...
Glass is now at work on an opera, "a continuation of Einstein's dense harmonies." Titled Satyagraha, it is based on the life of Mahatma Gandhi and has been commissioned by the city of Rotterdam for a Netherlands Opera performance in 1980. But Glass also wants to pursue the quiet vein of Part 4: "I don't have to break the sound barrier every time...
...trouble in the Soviet harvest. In Chicago, grain traders heard reports of big Russian purchases eight weeks ago. And in mid-July the Russians were chartering grain-carrying ships. This was done secretly, through Soviet front companies in Paris; bills of lading were rewritten at sea from "Destination Rotterdam" to "Transshipment Rotterdam, Destination U.S.S.R." Not only was the Russian demand for ships an omen that the U.S.S.R. planned to buy more gram than would be necessary with a good harvest, but it lifted world freight rates by 15%,which should also have produced alarm. Finally, U.S. prices of wheat...
Arrived Empty. Port records confirm that the Scheersberg A arrived empty on Dec. 2. Three days later, most of the Spanish crew who had been dismissed in Rotterdam on Nov. 15 were called back to the ship at Palermo. Curious about its recent travels, some crewmen looked for the ship's log. They found that the pages for the previous 21/2 weeks had been ripped...