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Word: cattaraugus (lookup in dictionary) (lookup stats)
Dates: during 1920-1929
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Usage:

...sands with water. After about a year of this treatment, it is said, the petroleum left in the pockets is forced toward the old well-shafts, and can be pumped out in considerable quantities. New York State owns extensive though run-down oil fields in Allegheny and Cattaraugus Counties; it is estimated that the high grade oil obtainable there through the new flooding process will cost only $2 a barrel to extract, and can readily be sold for twice that sum. The State geologists estimate the recoverable oil in these fields as being worth $510 millions, with a possibility...

Author: /time Magazine | Title: Business & Finance: Old Wells | 6/16/1924 | See Source »

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