Show oil needs in 1944 will strain production in summing up the petroleum outlook for 1944 W R boyd jr president of the american petroleum institute I 1 speaks bluntly the production ol 01 crude oil has not received the same encouragement or incentive to expand as has the production of other vital commodities such as aluminum magnesium explosives etc and the result is that the united states will probable strain its productive capacity in and still be unable to produce enough oil to supply our civilian requirements in 1941 our crude oil production amounted to about barrels in 1912 not quite so much and in 1913 our straining wells produced only about barrels an all increase of little over 6 per cent as compared with the per cent increase in our overseas forces so we come face to face with the fact that we cannot produce enough crude oil to keep both our mill military gitary and civilian machines in high gear the military machine must not slow slova down so the civilian must gators of our oil industry still refuse to adopt measures that will permit or en encourage courage wildcatting for desperately needed new oil wells |