OIL FUEL FOR NAVY.
PRODUCTION WITHIN EMPIRE. By Telceraph-Preas ABsociation-Oopyrlithl London) March 7. The financial journal . -"Economist"' says:—"lt is evident' the Admiralty is convinced of the superiority of oil fuel for certain purposes. The difficulty is the necessity' of depending upon foreign sources. "The Bi'itish Empire produces 8 per cent, of the wdfld's petroleum. , BuiWh, India, Botheo) Canada, Trinidad, and Barbhdoe3 are all capable of immense futufo yields, and in -Australia and New Zealand, if accounts arethie, there is enough oil to keep Great Britain"'fully supplied. Australasia-"is too far' to be ah efficient soUroe of supply for British industrial purposes, but'is. just-what is need for maritime purposes. ' "It is absolutely neCessftfy to be able to replenish stotage tanks from sources under our own control." '
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Bibliographic details
Dominion, Volume 3, Issue 761, 9 March 1910, Page 7
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124OIL FUEL FOR NAVY. Dominion, Volume 3, Issue 761, 9 March 1910, Page 7
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