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Updated: May 8, 2025
He learnt about the character and the experience of the expert whom Sir Paul had sent forth to Roumania. He learnt about the world-supply of oil and the world-demand for oil. He learnt about the great rival oil-groups that were then dividing the universe of oil. He had the entire situation clearly mapped on his brain.
From about the middle of the century, the industry declined, in part because of lower prices due to increase in the world-supply through increased production in other countries, and in part, because of the larger chance of profit in the growing of sugar, an industry then showing an increased importance.
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