TARANAKI OIL.

Bush Advocate, Volume XXIII, Issue 19, 24 January 1911, Page 5

TARANAKI OIL.

[press association.] NEW PLYMOUTH, This Day. Mr Henry, the oil expert, in an interview this morning with a Taranaki Herald representative, said it- is the good fortune of very few oil-produc-ing centres to possess such splendid geographical advantages. The shipment of Taranaki oil will never cost the producers more than a fraction of the heavy expenses incurred by the movement of oil in many great foreign fields. Li California, Trinidad, and Newfoundland, numerous prosperous oil ports are being brought into existence, but none possess greater advantages than the port of New Plymouth. He declares there is reason for optimism as to the development of fields and their influence on the trade of the town. The results secured up to the present are far from unsatisfactory, and the companies have done better than concerns operating in such places as Nigeria and Trin>;dad at the start.