323.    ---------------. [BOYD, J.] Synthetic Fuels Future.  Oil Gas Jour., vol. 49, No. 28, 1950, p. 184; Petrol. Refiner, vol. 29, Dec. 1950, pp. 77-85. 

                  Research on synthetic fuels has progressed to the point where it has set a ceiling on the prices of petroleum products, and the time may not be far distant when economic considerations will bring about a substantial synthetic-fuels industry.  The oil industry is the logical one to handle this business, particular after the coal or oil shale is brought above ground and a gradual shift of some parts of the liquid-fuels market to synthetics is predicted.  Domestic and foreign supplies of crude petroleum are briefly analyzed and figures on costs and capital investment for synthetic fuels are cited.