OCR Text |
Show FUEL OIL DISPLACING COAL Srveial millions tons of coal have been displaced by fuel oil in New Eng land out of total annualcoal requirements require-ments of 60,000 tons in that section. This displacement of coal refers only to indiisirialu sera andd oes not Include In-clude domestic consumers, such as hotels and office buildings. The Mexican Petroleum company is selling sel-ling 500,000 barrels of oil year'.y for domeselc purposes and tla lone has 'displaced half oft he severalm illlon tons of coul used in manufacturing enterprises in New England. Present situation regarding coal is .the biggest stimulus to the use of oil ever experienced. Hundreds of manufacturing and public utility establishments es-tablishments in the Atlantic states are Installing oil as fuel instead of coal. The rising price of coal, because be-cause of higher price of production i is certain to aeet derate the increased l use of oil. SBB1 |