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Show A "FAMILY PROBLtM" Teh ojj nil gasoline situation la vlilually a family problem In the U. S. Demand Is world wldo and has been Increasing fastor than production. produc-tion. Ah a result prices have advanced advanc-ed for crude oil and greater Incentive Incen-tive Ih hcld'oul for lucrcaser drilling nnd discovery of now fields. Wo now see a world wide uintPineiit ! produce oil. Increased amounts Of gasollno uro being tnken from the crude oil which Is being 1111117.0(1 In a greater extent than ever obfoie. Oil (!'' rvl: Is Just coming In for development de-velopment under present s'tlmllus of high prices, Tho oil Industry has been Investigated Investi-gated from every nngle nnd jio talnl ol profiteering or combination to boost prices has been found. Tho Incentive of a high price Is tho only way to Interest prnHpectnrs lo seek new fields and dovtdnp old ones. Demand automatically fixes prices and Increases supplloa, Supplies af ler once obtained rogulatu prices and no man mndo laws can permanently perman-ently chnngo tho working of the old law of supply and domand wo have Just seen this proved In tio recent sugar situation. - - |