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Hausmann, 1942. Social Research 9(3):334-355

World Oil Control, Past and Future - An Alternative to International Cartelization
Frederick Hausmann

Social Research: An International Quarterly

Arien Mack, Editor

Volume 9, No. 3 (Fall 1942): 334-355

Excerpt: --...One important reason for the urgency of international cooperation in regard to oil is contained in the technological peculiarities of the industry, Crude oil resources are not inexhaustible. The estimates of many oil geologists that these reserves will suffice for only fifteen years are certainly too pessimistic. But even assuming that the oil reserves will be adequate for four decades or longer -- a rather optimistic assumption -- that span is extremely short for this vital raw material. At the end of that period demand, which promises to rise continuously, will have to be supplied by means of synthetic processes...
Stock number:SRJ-ART-093-0334 Price:$15.00

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