FUTURE OF PETROLEUM.

Stratford Evening Post, Volume XXXI, Issue 40, 2 October 1911, Page 7

FUTURE OF PETROLEUM.

Discussing the future of the petroleum industry an oil correspondent in an English paper says: The demand for benzine and fuel oil is growing greater every day, and in this country alone, so soon as the Admiralty, steamship and railway companies, manufacturers, and other large power users are assured of a large and permanent supply, the demand will bo stupendous, and there is no reason why British capital should not create this supply. There need be no alarm felt at the present slump in the oil share market by those shareholders who have invested in reasonably good companies, as it is generally conceded by those best able to speak with authority that in the near future wo shall see a great revival, and it is also well known that so soon as this takes place there are many really good properties in the British colonies and elsewhere to be offered to the public. The existence of petroleum is being proved practically all over the world, and in a few years hence the public will not be questioning whether there is a reasonable chance of getting old, but what its specificgravity is, the number of markets they can supply, and the prices expected to be obtained.