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Show QUESTION ANSWERED If oil is found in the St. George field what are you going to do about it? Doesn't present over-production cr the Hoover conservation conserva-tion order make your chance for financial success almost impossible? These questions have been ?sk-ed ?sk-ed thousands cf times of the men who have been on the firing line in St. George working to get sufficient suf-ficient capital lined up to complete com-plete test wells in Petroleum Reserve Re-serve No. 7 in and around St. George. Satisfactory answers were often hard to make, but now comes the reply to each of them from one who has the authority to speak. In a newspaper interview given by Herman Stabler, of Washing-ten, Washing-ten, D. C, chief of the conservation conserva-tion branch of the United States geological survey, and published in the Salt Lake papers, he said: "The near future will see a period of great oil hunting activities activi-ties in Utah with fair possibilities cf developing some important commercial wells. The -ban laid by President Hoover on oil and gas prospecting on public land will be lifted and development work encouraged en-couraged just as soon as there is a real need for oil from government govern-ment land in any certain locality." St. George is so located geographically geo-graphically that the discovery of oil here would naturally make it the distributing point of oil products prod-ucts for the larger part of three states, Utah, Arizona, and Nevada. This, coupled with the fact that it lies in the very heart of an area that is designed to see one of the most tremendous and intensive in-tensive industrial developments exer known in the history of the United States, should startle even the most pessimistic minds. One hundred miles away is the riest Bculder dam project. Fifty miles north are the famous fam-ous Columbia Steel iron mines, and coal deposits. Twenty to thirty miles west is the famous Dixie copper belt and Gold Strike, while to the east are the newest and most talked-of national na-tional parks Zion, Bryce and the Grand Canyon. There are good highways running run-ning into all these important scenic attractions and industrial plants and new developments are being started every day. Fuel and power such as an oil field would furnish would really be the strongest link in this chain of development. de-velopment. In the face of these important facts, how could the government refuse to encourage the production cf oil and gas in the midst of such an empire, especially when that self-same government is spending a Quarter cf a billion dollars toward its development? How could over-production in California, Cali-fornia, Texas, Wyoming, or any other important field affect our success. |