Word: conservationism
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Behind the drive for a tariff of $1 per bbl. on crude oil were these economic facts: last year the U. S. produced about a billion barrels of oil. Its net imports, free-listed, were about 53,000,000 bbl. Largest importers are Standard of New Jersey, Standard of New...
The Great Smoky Mountains lie between Tennessee and North Carolina, a primitive wilderness of virgin forests, fast-flowing streams, sky-tumbling peaks. Clingman Dome rises 6,619 rocky feet in the air.* Besides swarms of game, the woods shelter hundreds of mountaineer families, clannish, illiterate, strongly Anglo-Saxon, who preserve...
When Secretary of the Interior Ray Lyman Wilbur goes back to California and his home at Stanford University, it is to work, not to play. Last week he was hard at work there in the name of oil conservation. As his train sped him back from Los Angeles to Washington...
Oil conservation was the first task to which Secretary Wilbur, at President Hoover's direction, set his hand on taking office. First, he revoked government drilling permits where the holders could not prove bona fide development (TIME, March 25). Next, he gave his sanction to the American Petroleum Institute...
50% of this dome, the U. S. 40%, small miscellaneous companies the balance. Wasted Billion. Declared Secretary Wilbur to the Kettleman Hills operators: "A billion dollars in resources will be wasted unless we can work out a method of orderly development of this great field. As minority landholders we want...