TITLE

Double--Cross in Oil

AUTHOR(S)
Straight, Michael
PUB. DATE
October 1941
SOURCE
New Republic;10/20/41, Vol. 105 Issue 16, p501
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Focuses on the politics of oil crises in the United States. View that the shortage is not just because of the transfer of the tankers to the British, but goes back to the attempt of the major oil companies to crush the independents, way back in 1931; Decision of the oil companies to exploit their foreign resources and restrict production at home in order to starve the independents out; Report that the shortage is evident in refineries and they are running 250000 barrels a day short; Belief that Cabinet officer Harold Ickes is the most honest man in the government, but he is being double-crossed; View that when the war came, a gasoline pipeline became essential, not as a means of overcoming a shortage, but as a vital standby; View that the plan for a gasoline pipeline was pushed by Ickes; Report that politicians from New York inserted clauses in the pipeline bill in Congress saying that the pipeline had to be privately financed and that the government had to hand it back to private control after the emergency.
ACCESSION #
14691419

 

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