Old Newspaper Clippings
From: McLeansboro Times, February 9, 1922 OUT OF OIL IN 20 YEARS
That the U. S. will be virtually out of oil and will have to depend upon
foreign shipments and producers within a period of 20 years is the
statement of members of the American geological survey and experts
representing the American Association of Petroleum Geologists.
This report, which is official, was made at Washington and created a
surprise. The members state there may be individual and
independent wells that will not pumped dry for years, and others may not
be drilled until 1950, however the assumption that the production is
permanent and will supply the U. S. for many years is misleading. |
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