| OCR Text |
Show 152 petroleurn, petroleurn products, and natural gas. r-equt r-erne nt s make it necessary to find four billion barrels of and current reserves were to maintain the nation's normal merely year, sufficient ten years ago. 51 new reserves of petroleum creased demand for the and trall;Sportation of It bas been steel pipe and e Every sttmated that used in six states consumed an estimated the pipe and net tubing or bordering 51"Huge Vol. 135, No.3 4.1'0 of Discovery 52.' 154) an p, an Task consumed in the adqitional 866,491 such 1,228,642 tons of a small pipe and portion of supplied by Eastern mills. \capaci in the was 72-77. 55. supra, p. 90. In only United States. 54 Requires More Drilling," pp. net tons These seventeen states in the eleven Western States - Table 17., in- net tons of iron and were II, all but were "The Western Steel cit., drilling 1940. 53 531bid• 54See consumption require s World Oil, , Mahoney, OPe p. 612,173 net tons of the to World War (August, 1952), 5 billion barrels The end result is the East. 52 on tubing capacity about between crude necessitates increased total of and that needs of the West and tons, (June, 1944), during 1940, period prior 1938, st.eel pipe 35,800 a Table 31 infra, 450,000 oil each to the consumer. in the United States in tubing produced In the in turn, new types of steel for drilling, and the refining products fittings (See inc rease in and natural gas. va rf ou s such eleven Western States were relationship production rates; whereas, only 2. greater production volume, which, for Enlarged production Industry," Vol. 3, No.1 |