LIQUID FUELS FILL VITAL PART OF U.S. ECONOMY

L.F. Ivanhoe Novum Corp. Santa Barbara, Calif. That liquid fuels are vital to the U.S. economy is obvious. Less obvious to the American public and to industrial and public managements is the steady and serious decline in U.S. production of crude oil, the major component of the domestic liquid fuel supply. This decline has serious portents for our future well being.

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