New Britain Herald Newspaper, January 23, 1925, Page 23

© roToGRAVS oil flows in promising quantities and at once ] 16 a well anywhere in the world from which there will be two men bidding for it. The chances are that one of the men will he an American and the other @ Eriton. And the chances gre cven or more than even that the American will repfesent Standard ©il and the Briton the Royal Difteh-Shell. Tor oil today mot ‘only spells wealth. It also means power. That's why national governments their citizens and use their diplon their own flag over the oil wells of the world, IN THE OLD DAYS Men used to fight for land. Then they fouzht tor trade. Then they fought for coal and iron. Now they are ready to fighs for oil Tn times of peace it promises to he the most tmportant of ail fuels. With it men the big ships that carry tha trade. On land it ia the fuel of the autamobile he air it is the fuel of the airplane. In times of war it is all mportant The fastest warships npw nse ofl 1. Armies will he fod and suppiied and even carried by mator lorries—oil-driven. The air will be domi @luch of the presentda n striving in fi @al, exploration, rescarch, political and diplo cles to get contral of every 1 Iy would not have tuken v happeded 1n 1839 and 1 WHAT J. D SAW Eighty-five yvears ago an American Baptist gome in Richford, New York, there was lLom Jolin D yekafellar, who revolutionized the oil I dus! ecing the possibilities of the pipe line The pipe line more than anything else is basis of the Standard Oil power and fortune Seventy-one years ago in an English Jewish fome in the east side of London there was bern Mawcys Samuel also 1evolutionized the ofl fnflustry years later by pioneering in the trans port of petroleum in bulk and by fightir sen and out for the superior claims of oil 2 fucl when used In internal combus This laid the fo of the Shell T Transport Company ch 1 with a Duteh concern and i world over as the Royal Dutch A grateful country made Samuel @ baronet and later a lord. Whether future generations will to ba gratsful to Rockefeller and Samuel baron Ecareted, depends upon whether America #nd Great Britain succeed in composin differences without friction For it is a significant thing—oil is’ lubricant, but in world politics it has been mainly en irritant AMERICA'S SHARE At first glance the United States to have to worry about the oil year the United States produced 74 world's ofl supply, Mexico came second wi cent and Russia third with 3.4 per cent Taking what oduced, pl outside our country, America's share T B B he prinapal ccal mine TiE nurned with sunail of t ' t gorwand his own « (% ‘\(\U\' Sg “Wegtminster Cathedral, ' Some Facts ITH 10,000,000 Fords and goodness knows how many other kinds of autos eating theilr three square meals of gaso- line, it is small wonder that nations and captaind of industry fight for possession of the world's oil supply. A total of 5,003,056,700 gallons of gasoline were produced in the United States alone in }921. This rate has beon increased. This product was valued at §840,672,300. 3ut autos are not the ring gasoline as fu otor boats, motorcycles end air- planes take their share, .« s e THIJRH was miore gasoline con- sumed in July, 1824, in the United States than in eny other ons month in the nation's history. The domestic demand for this fuel in July amounted to 794,030,852 gallons, rep resenting en fncreass of 1 00,000 gallons over the consumption figures for June, in which month a high ree- ord mark had been set. Tach day during July 25813898 gallons were used. But whils the consumption of gase- line for July amounted to 794,030,852 gallons, the production amounted only to 741,974,813 gallons. It was neccssary, therefors, to draw on the reserva supply, which August 1 was 1,466.538.039 gal This is a decrease from July 90,280 gallons, but an ir August of the previous 1,000,200 gallone. PN ) go deeper into the gasclins situation, hic affects every o owner, let it be known thet at tha July rate of consumption the na tien's gasoline stocks represent 57 days’ supply During the mic of July t reau of Mine eived reports 234 operating companies with an ag gregate daily crude ofl capacity of figures are men use they are the late: vai a figures, but because they rep ute probab n gas. That people to buy palities have to be remads the tremendous traf