Roosevelt Standard | 1919-07-23 | Page 1 | The Oil Industry

run oil INDUSTRY the special session of the mexican congress to deal with the oil situation was doubtless devised to hold up tip the oil industry it may even have been encouraged by speculators in our country on oil a wild raid of 0 profits on oil stocks and markets some ot of the greatest oil producers and re finers in the U S are equally interested in Alex mexican ican oil properties the Alex mexican ican plea that all alien oil producers must come under mexican government license is only a pretext american holdings in mexico are principally on leases and lands bought from private lad owners and almost none are operating on lands leased or bought from the mexican government oil production is crying need of horld today not only in foreign lands butin but in our own country the problem seems well on oil toward solution here but the mexican situation Is apparently far from settled for american interests