Word: shells
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Dates: during 1920-1929
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...Beaver Dam, Wis., a family of 40 had a reunion, celebrated by nibbling a 100-year-old egg brought from China which had mystic hieroglyphs on its shell...
Alarmists who view the Royal Dutch Shell's U. S. expansion as "invasion" last week had cause for excitement. By taking over operation of the Penn Oil Co.'s 65 service stations in the District of Columbia, Shell occupied the U. S. capital...
Although it is regarded as a certainty that he will be given full charge of the University shell later in the season, Whiteside said he would devote a considerable part of his time to the Freshman eights, since it is on them that he will have to rely for his material in later years. His contract with Harvard binds him for three years to a position on the Crimson staff...
...create 'an association of cooperation' on the basis of possibility of permanent production with the assistance of such distributing organizations as are willing to cooperate, and do not let us worry about those who will not do so." U. S. oilmen, pondering this last pearl of wisdom from the Shell, wondered how much of Sir Henri's U. S. activity was designed to strengthen his international position...
Production. Aside from Sir Henri and the Shell-Socony war, oilmen were chiefly interested in the perennial problem of overproduction. When 1929 began, there were in storage 625,000,000 barrels of crude oil, representing excess of production over consumption. Production during 1929 totaled about 200,000 barrels a day over consumption, so that at the end of the third quarter the 600,000,000 barrel excess had increased to 675,000,000 barrels, or about enough for eight months consumption. During 1928 oil wells produced about 900,000,000 barrels; during 1929 the production will reach an even billion...