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Word: midcontinental (lookup in dictionary) (lookup stats)
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The cheerful development was that 28 Oklahoma oil producers had met, unanimously agreed to put state-wide restrictions into effect. Previous voluntary curtailment, believed by oilmen to be the only remedy for overproduction, had been mostly between operators in a single field. Two such restrictions went in effect in Oklahoma...

Author: /time Magazine | Title: Business: Oil | 10/21/1929 | See Source »

Aeronautics, William B. Ziff's aviation monthly published in Chicago, recently printed the idea as a corollary of Col. William Mitchell's revived demand for a Department of Aeronautics (TIME. June 10). The National Aviation Academy might be located at some midcontinent point remote from possible boundary invasions. To it...

Author: /time Magazine | Title: AERONAUTICS: National Air Academy | 8/5/1929 | See Source »

Few industries are as unstable as that which is concerned with the production, refining and distribution of petroleum. It is always either a feast or famine. Until only a few weeks ago, the famine element seemed uppermost; overproduction had created a great surplus of crude oil for the oil companies...

Author: /time Magazine | Title: Business & Finance: Petroleum Recovery | 2/11/1924 | See Source »

The heavy production of petroleum has affected the prices for crude oil less than that of gasoline. The latter is now lower than at any time since 1915; crude oil sold in that year at 60? a barrel, and is now $1.50 a barrel. This disparity results from the fine...

Author: /time Magazine | Title: Business & Finance: Gasoline Surplus | 10/1/1923 | See Source »

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