CLAMOUR FOR OIL
Threatened Shortage Of Transport
NATIONS CONSERVING
HUGE SUPPLIES
(UNITED PRESS ASSOCIATION—COPYRIGHT.) (Received March 3, 8 p.m.) LONDON, March 2. The. naval correspondent qf the "Daily Telegraph," Mr Hector C. Bywater, says the quantity of oil now being transported by sea is probably the greatest in history. Most of the non-producing nations appear to be building up the largest possible reserves against contingencies.
"Britain normally imports more than 9,000,000 tons of oil products annually, but the volume of imports recently has substantially increased," Mr Bywater adds. "France, Italy, Germany, and Japan are all clamouring for supplies. The worldwide demand for oil is throwing a strain on the international tanker fleet, and a shortage of transport is threatened.
"Freights have risen sharply and this will probably mean that the price of oil products will rise."
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19370304.2.80
Bibliographic details
Press, Volume LXXIII, Issue 22032, 4 March 1937, Page 11
Word Count
136CLAMOUR FOR OIL Press, Volume LXXIII, Issue 22032, 4 March 1937, Page 11
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.