Show I BASIN MUST SUPPLY l I SU SULES LES FOR FOIL MUCH OIL OD- I According to government officials within a few afew few years the great oil shale shalo beds of Utah and neighboring states must be looked to to supply the great decreasing supply of oils particularly particular particular- I ly lT fuel oil Carl H H. Beal of the bureau bureau bureau bu bu- bu- bu reau of mines at Washington Is Quoted huot- huot ed as follows ws I 1 think we have about r reached c ed tJi the zenith or 2 o our oil P- P tion fie AVe liar in en ambitious In developing our au supplies and amI evolving evolving ing methods for getting the oil out of the ground and our ur methods have reached a high degree of perfection lOur Our oil fields have been heen more COIn completely com com- j I worked than those of any other country the fields in many other countries have havo not been touch touch- ed I ought to mention the possible utilization of our shale deposits Enormous quantities of oil are locked locked locked lock lock- ed up In ill the probably many times greater than the original amount of oil we had in hi tho the sand and th there re is no question that we shall some time utilize these in fact they are the only bright spot ahead of us so far as our oil all supply is concerned are scattered all aU through the Rocky mountain re region nd and many of them will average as much as a barrel of oil per ton of or shale The principal it drawback has been that the price of shale products has not been high enough to Justify the erection erection tion of plants for tor the distillation of the oil from tram the shale We are convinced convinced con con- con I vinced that this Is a general resource resource of the United States The Tho government feels that it Is its duty to Investigate the shale industry as soon as it can ca'n because it is necessary necessary necessary sary to try tryout out all the processes that look at all feasible to determine which one should be adopted for a certain kind of shale To that end end the secretary of the interior and Mr Manning of the bureau of oC mines are both anxious to get under wa way some experimental work fork on the extraction of oils from Mark L. L Requa oil all administrator is quoted as saying The geological survey made a avery avery aVery a. a Very Interesting computation which would indicate that we have exhausted exhaust exhaust- ed cd about 40 per cent of the entire known petroleum resources of the country Supposing that additional oil oU areas arens will be he discovered In the United States equal in productivity to to those already known and assuming assuming assum assum- In ing an annual consumption of barrels we have enough oil to last for about thirty years to come The survey has also made another another another an an- other calculation which shows that the known oil will produce a of oil much I in excess of the petroleum estimate I have quoted Of or course there will be oil all develop developments t v lop lop- monte ments In u other parts parts' of or tho the world arId notably In Med Mexico o 1 |