Abstract

Unlike reserves of coal, iron, and copper, which are so large that apprehension of their early exhaustion is not justified, the oil reserves of the country, as the public has frequently been warned, appear adequate to supply the demand for only a limited number of years. For some years oil has been imported, and with the growth in demand, dependence on foreign oil has become steadily greater, in spite of the increase in output. Therefore, it is evident that the people of the U.S. should be informed as fully as possible as to the reserves now left in this country, for without such information the probable dependence upon foreign supplies of oil and the expanding use of which so much of modern civilization depends cannot be appraised.

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