Europe: Vital New Artery

To a ceremonial blast from its 5 o'clock siren, the first oil refinery to rise in southern Germany was inaugurated in Karlsruhe last week. Built by Jersey Standard, the $57.5-million plant will process 3,600,000 tons of crude a year—but its significance goes beyond these impressive figures. The new plant will draw its crude from a new and vital petroleum artery: the Rhone River Valley pipeline, which provides the first link from the Mediterranean into oil-hungry south-central Europe and helps to meet the commercial threat of the Russian pipe network now reaching toward the West through the Iron Curtain countries.


Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!