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Show PETROLEUM INDUSTRY SOUND Tho Federal Tado Commission has Just Issued 'a summaiy or Its report ftii tho Pacific coast petroleum Industry. In-dustry. . After all that one has h'oanrnbout ' epoit fJils to show any such ten-diry,nor ten-diry,nor ls thero any Intlmatjqji tlnt such a condition exists,. Thcro-P'it Thcro-P'it nls'o shows that while recgliV curnlngg or the leading companies haie bein wty good, the onrnlngs in 1914 and 1915 wore tar. from satls-'fa'cloiy,' satls-'fa'cloiy,' considering lhrTsk-lnVolvedi in'ifiQ biieluess. 'CondHtoiis In the California petroleum petro-leum Industry and ItJ profits nnd I losses nro -not exceptional compared to' other sections ot tho United States As Xo the future tho commission rocbVimends thru thcactlvo support or the government bo given 'to those engaged en-gaged In tho 611 Industry to develop . eduction In foreign countries; that methods ot drilling ror petroleum and the utilization of petroleum products pro-ducts and their substitutes should be subject to special study In technol-ogl,cat technol-ogl,cat nnd economlo aspects with a vlow to conserving tho supply; that . tho great Importance of Information regarding changes In Industrial and commercial conditions in tho oil ticidc suggests tho need of making provi- !8lons for having such Information currently collected and reported Tor .tho use or congress, the public and! tho industry. |