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SUPPLY OF PETROL.

AMERICAN CONDITIONS. Discussing general business conditions, the National Bank of Commerce, Ne» \ork, writing on •January 21. said: —• The petroleum industry is another which has benefited from voluntary regulation of its output. Hero the balance between supply and demand is being threatened by the discovery of important new fields in Oklahoma and California, and tiie full exercise of the industry's wisdom and selfcontrol will be needed to maintain the equilibrium which it has so recently succeeded in establishing.

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https://paperspast.natlib.govt.nz/newspapers/AS19290302.2.11.7

Bibliographic details

Auckland Star, Volume LX, Issue 52, 2 March 1929, Page 4

Word Count
81

SUPPLY OF PETROL. Auckland Star, Volume LX, Issue 52, 2 March 1929, Page 4

SUPPLY OF PETROL. Auckland Star, Volume LX, Issue 52, 2 March 1929, Page 4