Fuel Investigation: Hearings Before the Committee on Interstate and Foreign Commerce, House of Representatives, Eightieth Congress, First Session on Fuel Investigation, December 12,16, and 17, 1947

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Reviews shortages of petroleum fuels. Focuses on petroleum industry transportation problems and petroleum in foreign trade.

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Page 106 - The contract of sale, and the mortgage given to secure the payment of the unpaid balance of the purchase price, shall not restrict the lawful or proper use or operation of the vessel except to the extent expressly required by law.
Page 78 - Max W. Ball, Director of the Oil and Gas Division of the Department of the Interior. It might be interesting for the record to see what he says about that.
Page 90 - The CHAIRMAN. Are there any other members of the committee who desire to interrogate Mr.
Page 75 - I would like to direct the attention of the committee to the fact that before the subcommittee on hospitals, of which Mr.
Page 58 - There are a number of questions that I would like to ask, but...
Page 42 - ... for the necessary increase in price has had disastrous effects upon the national economy. A small price increase would have stimulated the marginal producer to set up new mills and open new tracts of timber which would have afforded a comfortable backlog of lumber for the present situation. ******* The most important essential in solving the long-range problem is the price factor. We know what the problem is. * * * The hard lesson of experience furnishes the answer. It is historical in the lumber...
Page 41 - ... larger supply of lumber. Only a free and healthy industry can find and develop that supply. * * * Government control cannot increase the quantity of available lumber, either present or future. The history of such control demonstrates that it has the reverse effect of retarding and reducing production. It can do nothing more than to alleviate a shortage in one section at the expense of creating a similar or even more serious shortage elsewhere.
Page 138 - The CHAIRMAN. We will adjourn until 10 o'clock tomorrow morning. (Whereupon...
Page 187 - We have a vote now on the floor. [Whereupon, at 12:30 pm, the committee recessed, to reconvene at 2:15 pm the same day.] AFTERNOON SESSION The committee convened at 2:15 pm, pursuant to recess, in room 318, Russell Senate Office Building, Senator John C.
Page 32 - ... pertaining to underground storage of gas be placed under the jurisdiction of the United States Bureau of Mines, either directly or indirectly. We could have taken the course, had we desired, to ask that all mining operations insofar as it interfered with underground storage operations should be placed under the Oil and Gas Division of the Department of the Interior.

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