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Story
September 18, 1943
Montana Oil And Mining Journal
Great Falls, Billings, Cascade County, Yellowstone County, Montana
What is this article about?
Chairman William R. Boyd, Jr., of the Petroleum War Council warns of an impending petroleum shortage causing civilian restrictions, urging action as price ceilings fail to boost production. The Great Falls Tribune and national press suggest importing foreign oil, unaware it would require reversal.
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OCR Quality
98%
Excellent
Full Text
All Are Agreed on
All But Solution
Of Oil Shortage
"It must be recognized that the nation is entering a period of shortage of petroleum and its products. This shortage is already causing serious restrictions on our civilian use and unless some early action is taken to remedy the situation, we must ultimately face further restrictions, even for essential civilian and industrial consumption."
The foregoing statement was issued by Chairman William R. Boyd, Jr., of Petroleum War Council, the nation's best authority. He continued by explaining that price ceilings on crude oil are inadequate to stimulate the necessary exploration and productive activity.
"Import foreign oil," says the Great Falls Tribune in editorial comment on the oil shortage in Thursday. The press of the nation has taken up that theme, unaware of the fact that they are proposing that something be done which will have to be undone.
All But Solution
Of Oil Shortage
"It must be recognized that the nation is entering a period of shortage of petroleum and its products. This shortage is already causing serious restrictions on our civilian use and unless some early action is taken to remedy the situation, we must ultimately face further restrictions, even for essential civilian and industrial consumption."
The foregoing statement was issued by Chairman William R. Boyd, Jr., of Petroleum War Council, the nation's best authority. He continued by explaining that price ceilings on crude oil are inadequate to stimulate the necessary exploration and productive activity.
"Import foreign oil," says the Great Falls Tribune in editorial comment on the oil shortage in Thursday. The press of the nation has taken up that theme, unaware of the fact that they are proposing that something be done which will have to be undone.
What sub-type of article is it?
News Report
Editorial
What keywords are associated?
Oil Shortage
Petroleum Restrictions
Price Ceilings
Import Oil
War Council
What entities or persons were involved?
William R. Boyd, Jr.
Great Falls Tribune
Where did it happen?
Nation
Story Details
Key Persons
William R. Boyd, Jr.
Great Falls Tribune
Location
Nation
Story Details
Statement by Petroleum War Council chairman on oil shortage and inadequate price controls; editorial suggestion to import foreign oil critiqued as shortsighted.