Word: saud
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Between Saudi Arabia and Kuwait, by the Persian Gulf, lies the "neutral zone"-a condominium of Arabia's King Ibn Saud and Kuwait's Sheik Sir Ahmad al Jabir-al-Subah. There, last week, business looked cracking good...
...concession in Ibn Saud's half of the neutral zone, California's independent Oilman J. Paul Getty offered a reported $9,000,000 down, a minimum royalty of $1,000,000 a year, a royalty of 55? a barrel, and a 25% interest in the company. This was so much more than any other company offered that oilmen were aghast. Furthermore, the world oil supply was already so ample that U.S. imports from the Middle East and Venezuela are being cut back. Last week there were signs that gasoline prices might soon be coming down. In view...
...Provided He Settle." During the war years (which he spent partly in the U.S. working on the synthetic rubber program), Weizmann listened hopefully to the friendly reassurances of Churchill and Roosevelt, and with special interest to Churchill's proposition that King Ibn Saud after the war be "made lord of the Middle East . . . provided he settle with...
...independent was Independent? Ten U.S. oil companies ponied up its $10 million capital. The State Department smoothed the path to the Sheikh of Kuweit, joint owner with Saudi Arabia's Ibn Saud of the Arabian desert's "neutral zone," where Independent's oil concession lies. State also passed the word that Independent was its chosen instrument for the "neutral zone" oil lands. And Arabian American Oil Co., in neighboring Saudi Arabia, was ready to let Independent use the projected 1,100-mile pipeline to the Mediterranean...
...House of Saud and the lion cubs of Hussein [Abdullah's father] are one hand whose bonds in Allah will never be dissevered . . . They are the roaring lions and the suns at forenoon . . . Palestine is a bloody finger whose illness may be cured by resolution . . . Neither the Security Council nor falling bombs nor fire nor steel can dissuade us . . . We shield ourselves with Allah and the Koran...