Show tj US S oil ij industry dedicates week ck for report to american people just jurt n ns individual 17 US nil oil bomp present fin till nit nitI re I 1 port rt to their tock holdem lh it ii in a whole leli dedi ites ater one n week ench eadi venir lo 10 i eo conist r r 1 1 nilve lve r erport port lo 10 ahe he A angrl r f all n people p from octola bir r 1 H brough ia n period ded glint cd ed us oil progress s week it in ill vite q lie the public to in sped s pei A leq it stewardship of a atall Tego resource urco from it Us beginning begin eliis in 18 when lien the first successful U S oil drilling rig went into hopeni lion at Tit uville pennsylvania tho oil ill industry has haq crown grown to a point where separate sep urite tv businesses business eq serve the american petroleum con consumer quiner when that first Titus vill well was brought in fu I 1 Y another well was acin being brought in similarly in lit new brunswick Drun swick the canadian driller lic hearing arink of the pennsylvania find shut down his operation north america he said could support only one well the extent to which aich he was wrong Is staggering in 9 today we produce almost two and a half billion bar barrels of oil abear a year over six million a day from 1900 I 1 goo to 1954 1934 crude oil production increased by percent exploration proceeds at such a rapid rate that despite our high oil consumption we find one and a quarter barrels of oil for every barrel produced geologists believe that over three million square miles of our land 49 6 percent t of total US land are area a are arp favorable for oil deposits the vitality and vision of am esclas oil men contributed to our victory in world wars I 1 and II 11 today that vitality again contributes to americas defensive force the strongest deterrent to a new war that the world has ever seen our homes are oil heated our cars are petroleum powered and we feel the benefits of 0 pa petroleum on our farms and in countless large and small pursuits of our daily lives take the summer we just struggled through it may have been hot but it was a lot more pleasant for many of us than it might have been thanks to the new synthetic fibers developed through from cosmetics to sausage skins literally thousands of our everyday products are petroleum based the indu scientists say they can develop compounds from petroleum and they hope to boost that total to a million in the foreseeable future plastics insecticides synthetic rubber a seemingly endless list of magic compounds have contributed to our health well being and comfort research in the rapidly growing baby of the oil il industry has enriched our standard of living and promises to revolutionize our lives more in the years to come just as power farming made possible by the introduction of petroleum changed the life on american farms so this new science of with its many wonders for american agriculture and american life as a I 1 whole promises to better our lot throughout the years to come oil progress week was appropriately named americas free oil businesses are symbols of the industrial progress made by our country through our system of free unshackled enterprise americas oil men feel confident that those who take a long look at oil industry this week as they are invited to 0 o do A bridgewater conn woman got results ri hults beyond her fondest dreams when she placed a classified al seeking a used wedding dress tor for her cousin in poland I 1 the owner of a bridal shop in bridgeport saw the ad and gave her a new satin gown trimmed seed pearls will come away more than ever proud of the land they live in only a highly competitive progressive and free industry can produce such wonders or even have the incentive to do so the tremendous contributions that americas oil has made to our civilization during less than a century of the indu existence are stirring testimony to the vitality and vision characteristic of a free people oilmen oil men and the million americans whom they serve have good reason to ie proud during this years oil progress week |