Show rl rOil Oil Becomes National Pro Problem lem 1 t By Ira C. C Tichenor the United States Sta es government regards reg the oil problem as c l s serious is indicated by the r report port to con congress by the tha federal J tradeS trade commission on tho the causes of the advance in the price of g gasoline fue fu oil kerosene and otherS other refined other d oil products ts Phe fhe he commission finds that there is s greater justi justification in assigning the a advance vance th c crude ude I. I oil iI and petroleum product products to var varying ing conditions o of ot supply and If and pessimistic statements as as' as to thoI the tho demand Jn in n the light of ot emphasized I Iut future ut re ot the supply than to a combination of trade v The TheY recommendations made by the commission sire ire arc most significant t as asiS showing t the the Reeling entertained that it ft is only i a q question of t time when t export restrictions st must be enforced These he er Recommendations n iy 1 I the le r iS following sentences fa vv J t i I K i tl e production of c. c crude d. d in ln this Ul country nt is still on n th th the In increase re s and present sources appear adequate ade for tor some time the probable gradual decline of Q crude ru pr production du t on In this country i In th the not remote future according g geologists and men men mn engaged ir In ir the the tle Industry makes i If ie seem p to I yra e th those se engaged In the industry Industry to to develop pr production Jn In foreign countries o most most st available for furnishing supplies and such suc h enterprises should be gIven all diplomatic support in hi obtaining and operating oil oi S be al proper support U H 4 producing rod property tA l ln n view of ot the excess 1 of ff present consumption over production tr from m Domestic domestic sources and the increase of exports despite despie this deficiency the theat dot being depleted depleted more rapidly than at l e of the United States are ra iere were the products ts o of these thele resources apple applied first to domestic o needs and tl of ot stocks due to export contributes to Increase In cost to the thed t consider whether the situation li Domestic d consumer We suggest that congress d does S not Indicate the advisability of at consideration c n of ot e trl ton on n export of f dom domestic tic crude oil 01 and ad its is products dor Go Government e t figures res show show th that that t the oil oh export trade rade a at present is much mUch th tho th there the re was an r t Ulan than in prewar years years Naturally during war war abnormal borm r l demand in Europe for gasoline and fuel oil 01 This demand demand has d somewhat sin since e the co close e of the war yet exports export ports o of t oil oU during the nine months ended March 31 amounting to gallons e established d a new record for that period iII i- i I I II The The outlook Is fo for tor a continuance of the te heavy shipments unless the i government adopts restrictive plans It I would seem howver th that t even with fk ra I d decided decrease in the exports the domestic demand Is becoming so IO gr great at as as to to encroach upon the supply and render t continued advance in the price a certainty S 1 S |