Word: oil
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Dates: during 1930-1939
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TIME, Oct. 16, p. 32: "The oil industry . . with the pumps slowly chugging in the exhausted fields of Pennsylvania...
...daily yield of crude oil (80,000 barrels) as great as that of its boom days in the 'gos and an output of motor oil sufficient to supply 35% of America's cars, 90% of American aircraft, 75% of streamlined trains, a substantial portion of the marine and industrial lubricants market and 20% of foreign motor oil exports - if this rate of production indicates exhaustion, your dictionary or mine needs revision...
...Pennsylvania grade petroleum region not only provides the world with more motor oil than ever before but a committee of geologists and petroleum engineers has reported to the Cole congressional committee that the future available supply is many times greater than the total yield since the Drake discovery 80 years...
TIME, I fear, has fallen prey to a widely circulated fiction that the world's first commercial oil field is depleted whereas all the facts show that it remains the principal storehouse upon which the nation must draw for its premium automotive and aeronautic lubricants...
Pennsylvania Grade Crude Oil Association Oil City...