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Page 7
... percent . Thus in 1947 , we accounted for about 60 percent of the crude oil production of the world whereas we have only 31 percent of the world's proved reserves . Furthermore , we are depleting our reserves at a rate considerably ...
... percent . Thus in 1947 , we accounted for about 60 percent of the crude oil production of the world whereas we have only 31 percent of the world's proved reserves . Furthermore , we are depleting our reserves at a rate considerably ...
Page 8
... percent or would require very heavy reliance by us upon foreign oil . The magnitude of a 40 percent or more increase is reflected in the fact that 1947 production increased over 1946 production by only 7 percent . The daily production ...
... percent or would require very heavy reliance by us upon foreign oil . The magnitude of a 40 percent or more increase is reflected in the fact that 1947 production increased over 1946 production by only 7 percent . The daily production ...
Page 16
... percent in the proved crude reserves of the continental United States , an increase from 17.3 billion barrels to 21.3 billion barrels . On the other hand , the total proved reserves of the world jumped 76 percent during the same period ...
... percent in the proved crude reserves of the continental United States , an increase from 17.3 billion barrels to 21.3 billion barrels . On the other hand , the total proved reserves of the world jumped 76 percent during the same period ...
Page 21
... percent , or a little over 4 percent of our present domestic production in this country , is required by the armed services ? Secretary FORRESTAL . On the basis of crude production in the United States , the current military demands for ...
... percent , or a little over 4 percent of our present domestic production in this country , is required by the armed services ? Secretary FORRESTAL . On the basis of crude production in the United States , the current military demands for ...
Page 34
... percent and by oil and gas increased 96 percent . Mr. KILDAY . What part did hydroelectric power play in that pic- ture ? Mr. BALL . Hydroelectric power increased , but it is a comparatively minor factor . Mr. COLE . What is the ratio ...
... percent and by oil and gas increased 96 percent . Mr. KILDAY . What part did hydroelectric power play in that pic- ture ? Mr. BALL . Hydroelectric power increased , but it is a comparatively minor factor . Mr. COLE . What is the ratio ...
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Common terms and phrases
Admiral CARNEY armed services BALL barrels a day barrels of oil barrels per day boundaries BROOKS BRUCE Bureau of Mines Chairman coal COLE Colonel VOGEL committee Commodore GREENMAN Congress conservation consumption cost crude oil CURTICE DAVIES DEGOLYER Department drilling DUCE Elk Hills engineering estimate exploration exports extended Federal Fischer-Tropsch process FRANCHOT gasoline going Government HARDEY HARLOW hearing ICKES important increase interest Interior JOHNSON of California JOHNSON of Texas June 17 KILDAY leases liquid fuel ment Middle East military natural gas Naval Petroleum Reserve Navy octane number oil and gas oil fields oil industry oil shale operation percent petroleum products pipe lines plants present President problem public lands PYLES question requirements Saudi Arabia secondary recovery Secretary FORRESTAL SHORT Standard Oil Co statement steel Stevens zone supply synthetic fuels tankers thing tidelands tion United VINSON