Evening Republican, Volume 15, Number 161, Rensselaer, Jasper County, 10 July 1911 — Supply of Gasoline. [ARTICLE]

Supply of Gasoline.

Gasoline Is practically a by-prod-uct of petroleum, which was formerly allowed to escape because it was too light a fluid for illuminative purpose. Some wells produce a crude oil which is exceptionally rich in this substance. There would appear to be no reason to fear that the supply will fall short, since developments disclose more and larger petroleum deposits continually. It might not be safe to say that the supply is unlimited, but there is no special reason for claiming that there will be any shortage in the production for many years to come. Science attempts no ejaculation of the quantity of petroleum in the earth, nor has it settled the question whether it is of organic derivation or not Opinion seems to incline towards a belief in a relationship between the oil and huge reservoirs of magmatic waters underlying large portions of the crust of the earth, in which case it is possible that incalcuably great quantities of it have still to be considered and worked. Prices are controlled mainly by the Standard Oil company, and are considered to be at least highly remunerative. It is unlikely they will be materially advanced unless some cataclysm should overtake the whole petroleum industry.