Abstract
A DISCUSSION of the future of liquid fuels can be broken down logically enough into three interlocking basic questions: What kind of fuel?, How much?, and When? The basic concepts surrounding the topic are easy to present to a technically trained group, but their reception is usually hampered by the necessary use of the jargon of the petroleum industry. Every business has its own terminology, and those engaged in one never quite fully understand the language of another. Automobile manufacturers think in terms of hundreds of units per day, egg brokers in thousands of gross, cotton merchants in bales, farmers in bushels, and oil men in barrels—usually barrels per day. In order to get a common basis of understanding, let us first visualize what a barrel of liquid petroleum means. By definition, it means 42 U. S. gallons of oil. The contents of seven such barrels about a ton. We say would weigh ...
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