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Show HI BELATI1 TO OIL SUPPLY What effect war between United States and Germany will have on various var-ious industries is a consideration that since the severance of diplomatic relations has commanded the earnest thought of those upon whom devolves the task of directing operations with profitable results in the various branches of trade, says P. H. Ball, vice president of the Elk Basin United Oil company. In no direction has this question been asked more frequently thon with regard to the oil industry which, since tho outbreak of hostilities hostili-ties in Europe, has enjoyed phenomenal phenom-enal prosperity. Recognizing the wide Interest in this subject, a publication well known in the oil industry lately approached a number of the more important men in the trade for their -views. Tho consensus con-sensus of opinion is that rather than havo any detrimental effect, was would prove beneficial and greatly stimulate the production and use of oil and oil products. In confirmation of this view, it is alleged that this has been the experience of oil companies which have boon operating in Canada since the beginning of the war in 1914. Canada Can-ada is used as a comparison in this respect because it is engaged in the war; and It Is thought that this country's coun-try's operations against Germany would be conducted along similar lines. The oil produced at Elk Basin, Wyoming, Wyo-ming, has attracted world wide attention. atten-tion. In a report concerning it by C. A. Fisher, a geologist who made the original or-iginal report for the United States geological survey, he says: "Tho Elk Basin oil field is a well defined geological structure which is closed in on all sides. It has largo and favorable gathering grounds extending on all sides, the productive sands are those in the lower half of the Colorado Colo-rado shales and are the same series from which oil is obtained in tho famous fa-mous Grass creek and Salt creek fields. Initial production is from 400 to 600 barrels a day. Many of the wells flow by gas pressure, while a fow are pumped and the combined thickness of tho producing sands are aggregating over 200 feet thick." oo |