Nation Assured of Motor Fuel Supply Publication: Automotive Daily News Dateline: New York, New York Date: 27 August 1925 Subject: Petroleum

New York, Aug. 26.—That the nation is assured of a supply of motor fuel and lubricants sufficient for its needs beyond the time when science will develop more efficient uses of oil or discover some other form of energy is the conclusion reached by Dominick & Dominick after a special survey.

The testimony of automotive engineers is cited to show that an anticipated increase of 50 per cent. in motor efficiency will more than offset the demands of a rapidly growing population. Because of this expected increase in motor efficiency gasoline consumption will not be very much greater in the next quarter century, Dominick & Dominick's survey points out.

Belief in an adequate supply to meet future requirements is based, therefore, on a belief that increased efficiency will double the amount of energy obtained from a given quantity today.

On the basis of a report by the American Petroleum Institute it is stated that after pumping and flowing cease in the present producing areas of approximately 1,936,489,800 acres, there will remain 26,000,000,000 barrels of oil which can be recovered by improved and known processes when the price justifies it. On the same basis, 139,000,000,000 barrels of oil can be extracted from the four trillion tons of oil shales, coal and lignite in this country.