DOES NOT EXPECT SHORTAGE OF OIL.
LONDON. Nov. 4.—Sir Henry .Dolording, director of the Shell Oil Company, does not. agree with the expert; testimony of Sir Richard Redrnnyne, before the Goal Commission, that- America’s oil supply will lie exhausted within 25 years. "A half-dozen years ago some nnllmrities predicted that the world’s nil supply would lie greatly reduced in throu years, hut the opposite occurred,” Sir Henry said in an interview with the Evening Standard. “When prices are low the search for oil censes,” he added, “hut when prices rise the search is renewed and tho supply augmented. This will prohnhlv continue indefmilolv.”
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/PBH19251224.2.12
Bibliographic details
Poverty Bay Herald, Volume LI, Issue 16918, 24 December 1925, Page 3
Word Count
103DOES NOT EXPECT SHORTAGE OF OIL. Poverty Bay Herald, Volume LI, Issue 16918, 24 December 1925, Page 3
Using This Item
The Gisborne Herald Company is the copyright owner for the Poverty Bay Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in