267. ---------------. [BLAND, W. F.] Oil a-Plenty But Bureaucrats Press for a Synthetic-Fuel Industry. Petrol. Processing, vol. 4, No. 6, 1949, pp. 653-654. Editorial criticism of the attempt by the Department of the Interior and the Bureau of Mines to force synthetic fuels upon the country. The argument, supported by the opinions of oil-industry executives, leads to the conclusion that the time is not ripe for Government intervention in the fuel program. The oil industry itself is capable of supplying all the fuel needed for any and every purpose. So extraordinarily rapid is the progress of technical development, commercial plants erected now for the production of synthetic fuels would be obsolescent before they could even be built. |