Word: petroleum
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Dates: during 1920-1929
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...That the investment in the petroleum industry during the interval has increased from...
...eternal fire of the ancient fireworshippers of the Caspian Sea was nothing but the burning gases of petroleum, according to Carl 0. Johns, research chemist of the Standard Oil Company of New Jersey, who revealed many milestones in the development of petroleum since prehistoric times. " Fundamental research in the chemical composition of crude oils is the crying need of the industry today," said...
...table of stocks of basic commodities as of January 1,1923, in the bulletin of the New York Reserve Bank. Compared with January 1, 1922, much smaller stocks were reported of anthracite and bituminous coal, cement, brick, wood pulp, skins, leather, cotton, lamb. Larger stocks were reported in crude petroleum, kerosene, gasoline, beef, pork. Until stocks of commodities generally increase, it may be concluded that consumption is keeping pace with production, and that in consequence inflation is not yet upon...
...ruling of Albert B. Fall, former Secretary of the Interior, which would have kept foreign oil interests out of the rich Oklahoma fields, is not to be accepted without a fight. The Roxana Petroleum Company (of the Royal Dutch-Shell group), which, according to Mr. Fall's ruling, could not take over the oil lands of the Creek Indians, are to have their case reviewed by Hubert Work, the present Secretary...
...mounting price for petroleum products has not gone without an accompaniment of verbal fireworks. Senator La Follette could not quite bear to leave Washington this session without a final and characteristic fling at the " Standard Oil monopoly." In rebuttal, President W. C. Teagle of the Standard Oil Company of New Jersey rather brutally manhandled the Senator's prediction of "dollar gasoline " by pointing out that at about 30? industrial alcohol could successfully compete as automotive fuel. Hard on the heels of this exchange, Chairman Bedford, of the same company, issued an even more thought provoking and pessimistic statement concerning...