Word: petroleum
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Dates: during 1930-1939
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...Mines raised the old bugaboo about the imminent exhaustion of oil & gas. There was enough coal, he said, to last 2,100 years. But the known reserves of natural gas were 30 to 40 trillion cu. ft., of oil 13 billion barrels. At the present rate of consumption the petroleum would be gone in 13 years-but Dr. Fieldner predicted that discoveries of new pools and more efficient production techniques would stretch out the supply for a century. Unless "greater social control" was forthcoming, known supplies of gas would vanish in 20 years...
...Mexico City last week, taxi drivers alarmed their passengers by driving in quick spurts, coasting as far as they could before spurting again. This maneuver was supposed to save gasoline, which was not to be obtained at all. Reason: 18,000 members of Mexico's Syndicate of Petroleum Workers, settling into their second week of strike against Royal Dutch Shell, Standard Oil of New Jersey and 15 other Foreign companies, had shut Mexico's $500,000,000 oil industry down as tight as a petroleum drum...
Referring to the last three lines centre column p. 39, TIME, May 24: you say the Coronation program was "the longest continuous program in radio history." We question this in view of the fact that on March 24, 1934, General Petroleum Corp. of California through its advertising agency Smith & Drum, Inc. introduced Mobilgas to the Pacific Coast with a radio program over all stations of the [then] Columbia Don Lee network which ran from 7:30 a.m. until midnight. The first 9½ hours and the last 3½ hours of this broadcast were continuous. Occasional interruptions between...
...General Petroleum Corp. of California
...industry last week. The process simply requires distillation in a vacuum. This is an engineering feat so new that few industrialists know that it exists or what it means. Patents belong to English and Dutch concerns (Imperial Chemical Industries Ltd., Metropolitan-Vickers Electrical Co. Ltd.. Batavian Petroleum Co.). In the U. S., Eastman Kodak Co. is using the method to refine organic mixtures like cod liver oil, which decompose before they boil...