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Updated: June 5, 2025
It is necessary that all countries be induced to abandon or adequately modify present discriminatory policies and that the interest of our nationals be protected. Some form of world-wide oil-producing, purchasing, and marketing agency fostered by this Government seems essential to assure the commercial control over sufficient resources to meet the competition of other nationals.
"I'm working for one of the biggest oil companies in the world. We've got six hundred thousand acres of the finest oil-producing territory in the United States, and we control most of the big concessions in Honduras, Ecuador, Peru, Colombia and thirty million dollar concern, that's all it is. Oh, you needn't look worried. I'm not going to try to sell you any stock, Uncle Charlie.
Perhaps this movement has its most typical and picturesque illustration in the extent to which the Northern soldiers opened up the oil-producing regions of western Pennsylvania. Venango County, where this great development started, boasted that it had more ex-soldiers than any similar section of the United States.
During the past 3 years, you have joined with me to improve our own security and the prospects for peace, not only in the vital oil-producing area of the Persian Gulf region but around the world. We've increased annually our real commitment for defense, and we will sustain this increase of effort throughout the Five Year Defense Program.
In Ceylon, where cocoa-nuts and oil-producing seeds abound, the means employed by the natives in the last century for extracting the oils were of a most primitive character. A few poles were fixed upright in the ground, two horizontal bars attached to them, between which a bag containing the pulp of the seed or nut was placed.
Farmers owning oil-producing land went to bed in the evening poor and owing money at the bank, and awoke in the morning rich. They moved into the towns and invested their money in the factories that sprang up everywhere.
The oil region of Western Pennsylvania is the portion of oil-producing territory that now occupies the largest share of attention. It is confined principally to the valley of Oil Creek, a tributary of the Alleghany River, which it enters at a point about sixty miles south from Lake Erie.
I am locating some oil-producing lands, in a valley where game is abundant, where the fish prefer an artificial fly to a natural one, and where the moonlighter revels with his harmless-looking but decidedly dangerous nitro-glycerine cartridge." "What do you mean by moonlighter?" asked Ralph, as he seated himself in the mud-bespattered carriage which George pointed out as his.
Can nothing be done in growing the oil-producing seeds with which the Tropics abound, and for which a demand is rising in England, if it be only for use about machinery? Nothing, too, toward growing drugs for the home market? Nothing toward using the treasures of gutta- percha which are now wasting in the Balatas?
It is true that oil wells are successfully worked on the banks of the Alleghany for some distance above and below the mouth of Oil Creek: still the county of Venango has monopolized almost the whole number of oil-producing wells in this region.
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