Word: tankers
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Seeking the facts about the Atlantic Seaboard gasoline shortage caused by the transfer of 50 U.S. tankers to Britain, a Senate subcommittee last week heard that 1) there is no shortage yet, 2) any possible shortage will diminish after Christmas, 3) by next April the U.S. may have a tanker surplus...
...order was obviously a stopgap. Before the East's supply of oil became critically short (on account of a tanker shortage), oilmen expected Washington would finally have to take on itself the nasty task of rationing individuals. The man at the pump obviously could not do the job in a way satisfactory to his customers or to the Government...
...picture was correct: a great expanse of camouflage netting still covered her bulk. Next morning the picture looked the same-until experts scanned it. The hidden bulk was queer, slightly misshapen. Close examination showed that the shape under the camouflage net was not the Scharnhorst, but a 530-ft. tanker with smaller vessels at bow and stern to give her the Scharnhorst's length, with scaffolding built up to look like the battleship's superstructure...
Petroleum Coordinator Harold Ickes sent oilmen reeling this week. He asked them to turn over 100 more tankers to the British, 25 of them immediately. With the 50 tankers already turned over (TIME, May 26), that will cut the U.S. coastwise tanker fleet by 40% to 200 vessels. It means the Atlantic seaboard gasoline famine is closer and graver than ever...
Because they can carry oil for one-third pipeline and one-tenth tank-car costs, tankers normally carry 90% of the 1,500,000 bbl. used each day on the Atlantic seaboard. When the first 50 tankers went, oilmen tightened their belts by speedups in tanker service, heavier loading, greater use of pipeline and rail. The loss of 100 more tankers would cut the daily intercoastal tanker haul to less than 600,000 bbl. This is a chasm no stopgap methods can bridge...