DEARER MOTOR FUEL.

Rangitikei Advocate and Manawatu Argus, Volume XLV, Issue 12014, 17 March 1920, Page 5

DEARER MOTOR FUEL.

AMERICAN PREDICTION. Chicago, March 11 Delegates to the National Petroleum Congress predicted that the price of petrol in the United States would probably rise to 35 cents a gallon in 1920, and possibly to 50 cents in 1921. They pointed, out that in 1915 there were 2,500,000 automobiles in the United States, and the crude oil production was 281,000,000 barrels, which cost 58 cents a barrel. There.were 7,400,000 automobiles in 1919, and the crude oil production was 370,000,000 barrels, at a cost of 225 cents. Crude oil to-day was 350 cents a barrel.