Word: tankersful
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Soon after the first long-distance pipelines were laid in the Northeast in the late 1870s and early 1880s, the first oil tankers were allowed to pass through the Suez Canal, and the modern shipping system was born. Today crude oil travels in tankers that can carry up to 4...
But the Air Force may have been its own worst enemy. A contract awarded to Boeing for a new fleet of aerial tankers had to be rebid after the corruption involved in the decision had been exposed; the new bidding process was won by a European consortium. Twice in the...
The notion that military spending is all about national defense rather than hometown pork is being seriously tested by the firestorm triggered by last week's awarding of a $40 billion Air Force contract to a joint venture including the European parent of Airbus. The European Aeronautic Defense and Space...
The debate has shifted not only from national security to jobs, but to politics as well. That's because Senator John McCain, the presumptive G.O.P. presidential nominee, fought against an earlier Boeing tanker pact, which was found to be tainted - and therefore required the new bidding process won by the...
The world's largest oil-refinery complex sits on an arid peninsula off the western coast of Venezuela. The Paraguaná facility processes more than 700,000 bbl. of crude each day for the state-owned oil monopoly, Petróleos de Venezuela, S.A. (PDVSA), while tankers line up on the Caribbean...