The Alaska daily empire., 1921-10-11
The Oil Outlook.
(Nome Nugget

The return of the Adams party last week with in contestabe proofs of the existence of remarkable oil prospects in the Barrow region appears to provide an excellent prospect that this district may become the scene a of development based oil, which just is of the most sought after products in existence According MT. Adams, the Barrow sec ton contains oil in quantities sufficient to justify the view that it may one day become great oil pro ducng region and if the surmse proves true Nome is bound to profit greatly by any development which may occur. Owing peculiar geographical sit Nome hardly escape becoming the main of distribution for the oil country and it is not without the bounds of probability that the future the commercial tide flowing to and from that region
 It is perhaps too early to anticipate from the neager prospects far provided the extent and sble commercial value of the oil deposits, but from the information obtained by the Adams party, it ap that the district literally exudes oil wide area. This being there is every prospects that ways and will be found to make possible its extraction on commercial scale. Several years must elapse before either the extent value of the field can be determined Transportation difficulties and the natural naccessby of the region preclude all pros pect that dev elopment be hurriedly achieved
 Even though oil is found in profuse quantity whatever development is not likely to with the dispatch in the States owing the extreme climatic conditions incident the region. Another deterrent is the fact that it will be found difficult to produce oil at price which will enable il to compete on favorable terms with the product produced at Barrow must be shipped thousands of miles at heavy before it the markets of demand, it must be remembered, and either the oil must be produced at price sufficiently low allow for the transportation the outside world or the present price of oil must undergo apprecable
 increase before competition with the outside product is possible As MT Adams has pointed out, many diff faculties must be before the district be- come commercial oil producer and it may years before conditions favorable for commercial ploitaton. In the meantime, however, there will be much exploration work done in the district, all of which will benefit Nome to in the matter of trade returns and not little may be expected
 travel to and from the Barrow section.
 rush of oil land seekers from the states is also a not improbable eventuaty which may have most important bearing on the communal prosperity. Many here affect to believe that the coming spring may wit hess an oil rush which may equal the Fort Norman stampede. Should this prove to be the case Nome will lind herself in position to reap a golden harvest from the increase of trade which may be expected follow such an invasion. Supplies and commodities of every kind will be in demand articles that will not find market While the rush lasts Nome will not be compelled to depend upon her gold pro- ducton lesser for prosperity wealth will Literally into her lap from the pockets of the oil seeking horde.
 In any event Nome is bound to profit by whatever development in connection with oil fields and ultimately find herself once more restored to the lap of prosperity if their exploitation proves cessul.