Word: reeser
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Dates: during 1920-1929
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...visitors to the Sixth International Petroleum Exhibition and Congress, held in Tulsa, Okla. Yet to oilmen entertainment such as this can be only transitory. Always jostling their composure is knowledge that world consumption trails production. But one development during the Exposition cheered them, so cheered ever-optimistic Edwin Benjamin Reeser, president of the American Petroleum Institute, that he predicted U. S. production and consumption would balance...
While this decision will keep Midcontinent production stabilized, there were many oilmen who disagreed with President Reeser's prediction that it will settle U. S. overproduction. Drilling in California is expected to bring in new supplies, and constitutionality of the State Conservation Law (TIME, Oct. 14) is being questioned. Government reports last week indicated that while 3,000,000 acres are in production, there are 22,000,000 acres of unproved oil land. There is no satisfactory protection against these fields being opened and operated. In storage is enough oil to furnish the U. S. demands even...
...appointed a Federal Oil Conservation Board which consistently recommended co-operation within the oil industry as a cure for over production, the U. S. tycoon is still a little nervous concerning production agreements which might provoke anti-trust proceedings. So everyone simply shook hands all around and Edwin Benjamin Reeser, head. of A. P. I., also of Barnsdall Corp., Tulsa independent, said: "For the first time in the life of the Institute a child has been born...
...Charles Evans Hughes and President Coolidge were mentioned for the position. It was finally concluded, however, that in the present unsettled condition of the industry it would be better to forego the glory of a great name and select a man well acquainted with petroleum problems. So Edwin Benjamin Reeser, of Oklahoma, president of the Barnsdall Corp., was elected.* Mr. Reeser lives in Tulsa; whenever he visits his Manhattan offices he shakes the hand of every member of his staff...
President E. B. Reeser of Barnsdall Refining Co. declined to agree; at once cut the filling-station price of his gasoline in Oklahoma by two cents a gallon?to 17?...