Show OIL SHORTAGE FEARED AS ASI I CONSUMPTION INCREASES The oil industry continues to see boom times ahead Consumption is still on the grade up-grade and prices appear headed for the moon unless the con con- consumers consumers sumers board or some other govern govern- government government ment agency objects too strenuouslY Insiders predict there will be very little oU oil in storage by the time summer Is over Since 1930 the nations nation's oU oil supply has I been reduced educed by a billion barrels net That much more has been used than discovered The situation has already reached a point where discovery expeditions are seriously at work in various parts of the country trying to unearth new newfields newfields fields So far have been tin un- uni i important |