One of the largest known oil deposits in the world, this resource has brought new life to the people of venezuela. The oil beneath these waters belongs to those people, but the stupendous task of bringing it to the surface, refining and marketing as been the work of private, foreign capital and engineering genius, much of it north american, and half that work has been done by one company, Creole Petroleum corporation. Creole is an american company, affiliated with standard oil of new jersey, but it operates exclusively in venezuela, making its headquarters in caracas, sparkling, modern city whose progress is rooted in oil. From its caracas offices, this Company Conducts business in the interests of the venezuelan people as well as its own stockholders. This is the story of an American Business firm which has become an integral part of a nations social and economic progress. Venezuela is a country of great natural resources, but only oil and iron have been tapped on a large scale. This
It is now 4 30. A quick update on whegt ever and traffic. Lets take a look at whats going on with live doppler 7. You can see the winds, always like to look at those to see how the wind field is going. Its a little less than it was yesterday which is going to help our warming trend today. That and the fact that you hardly see clouds from our exploratorium camera. Stars over San Francisco. Lets break down the day for you. 52 to 58, a little cooler this morning. In fact, our coolest morning moving forward will be in the 50s to 60s at the coast from noon to 4 00, 72 to 77 bay and inland. The 80s are back, and the 90s are right behind it. Were off to a favorly quiet start other than road work in a few areas. No issues in san jose. 101 and 880, starting to see the inbound side increase in volume. That wont slow you one bit if youre about to head out the door. Drive times, friday light so far, even out of the central valley. Southbound 680 dublin to mix boulevard in the green at 15 minutes.
Rest of us hit the 70s by noon. 70s and 80s for our bay and inland neighborhoods, under very strong sunshine. Today one second longer than yesterday. Longest day of the year. 71 to 76, enjoy the first day of summer. Looking at Golden Gate Bridge where volumes are very light. If you look on the far righthand side of your screen, you can see the zipper truck inching forward there. You soon will have more room on the southbound side although you dont need it for at least a couple more hours. Quick check of drive times, westbound 580 tracy to dublin in the yellow at 40 minutes. Westbound 4 antioch to concord in the green at 15, westbound 101 san rafael to San Francisco, 16 minutes. A 1. 5 billion surplus is how much the California University system stashed away, hidden from the public and officials. Meanwhile tuition nearly doubled. Amy hollyfield is live for us in hayward. Good morning, amy. Reporter good morning, natasha. This came from a state audit. It was very critical of california s
Between the metering lights and treasure island. However, its off on the shoulder. So its not causing any significant delays. Keeping an eye on it. Thats an eye how quiet it has been today. We have managed to stay out of the red out of the central valley. Westbound 580 tracy to dublin, 43 minutes. Southbound 680 dublin to mission bul vafd, 16 minutes. Same drive time on northbound 85 between 101 and cupertino. A 1. 5 billion surplus is how much the California University system stashed away hidden from the public and officials. Meanwhile tuition nearly doubled in that time. Abc 7 News Reporter Amy Hollyfield live in hayward. Good morning, amy. Reporter looking at twitter, i see a lot out of rage. What about students drowning from Student Loans. Some saying i want a refound. This is from a state audit that found the california state University System has a surplus of 1. 5 billion, this money set aside while the system has raised tuition, raised parking and even lobbied the state for more
Narrator stretching along the Eastern Shore of Lake Maracaibo and venezuela, one of the industrial wonders of modern times, the oilproducing complex of the venezuelan fields, more than 2000 oil wells reaching almost to the horizon. One of the largest known oil deposits in the world, this resource has brought new life to the people of venezuela. The oil beneath these waters belongs to those people, but the stupendous task of bringing it to the surface, refining and refining and marketing has been the work of private, foreign capital and engineering genius, much of it north american, and half that work has been done by one company, Creole Petroleum corporation. Creole is an american company, affiliated with standard oil of new jersey, but it operates exclusively in venezuela, making its headquarters in caracas, a sparkling, modern city whose progress is rooted in oil. From its caracas offices, this Company Conducts business in the interests of the venezuelan people as well as its own sto