The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-01-20
Report on Future Reserve
of ON
nv pAsCoM N. TIMMONs

worlds Washington Correspondent.
WASHINGTON, Jan. le.--lNlng
below the surface along the gulf
coast of Texas and Louisiana. Is the
biggest reserve OF oil In the United
States. estimated at 1000, 10000
barrels. In all other parts OF Texas
there Is reserve OF 10000. 600
barrels, and In, north Louisiana and
Arkansas there are 525, 100000 bar
rels. Oklahoma, which already has
yielded more oil than any other
state, still has reserve OF 1000
3d0. 900 barrels. California has "A re-
servo OF 1 900 000,S barrels. In the
entire United States there was on
January I. 1929. oil reserves of
Q, 100. 900 900 barrels.
This today was the startling esti-
mato made by Joint committee
composed OF members OF the Ameri-
can Association OF Petroleum Geolo-
glsts and OF the United States Me-
THEOLOGICAL Survey. The joint conf
mittee. which has been at work
since March, 1921. made an inven-
tory estimate OF tho producing prob
lem aud possible oil bearing regions
| In the United states. The ostin. Ates
are for oil recoverable by methods
now In use and does not include
shalo oil.
The committee responsible for the
original preparation OF the estimates
| and finally for tho adjustment and
revision of the results in the ioint
| conference, was composed of +. w
| peWof, state gcologist OF Illinois
| w, ~. Wrather of Dallas. Rosv eli
II. Johnson of Pittsburgh, Pa, Wal.
Lace 4. Pratt OF Houston, Alexander
W. Mccoy OF Bartlesviue. Carl II
Beal OF san Francisco c. y. i.uptor
OF Denver, Alexander Doussen ol
4 IaN - - -
~ e., ana o. G, Mathison OF Tulsa
all representing the American
Association of Petroleum Geologist,
ana for the Federal Survey. Davit
Whlle' chief geologist. chairman
w O. Thomas, jr,, A. II. Faith
kirtly +. Mather, II. c. Moore
state geologist OF Kansas, and X, G
ueald' Mr. Hcald represented botl
lhe survey and the association. Thes,
gon were assisted In sub-committeei
by large number OF the leading oil
biologists OF the country includinJ
oil company biologists, directors o
state geology surveys, and consult
INK ReolOgtsts who We're cspccial II,
familiar with the regions considered
All these co-operatcd wholeheartedl,
In the canvas Of the American OF
reserves, and many oil companlo
furnished confidential data for us
IN the preparation OF estimates
warning of tho early exhaustinI
! or an oil supply the committee said
Unlike our reserves OF coal. irol
and copper, which are so large an
prehension of their early exhaustin,
Is now Justified, The oil reserves o
the country as tho public has fre
quently been warned, appear ade
quate to supply the demand for onl,
n limited number of years The an
nual production OF the country 1
now almost half million barrels
but the annual consumption is al
! ready wen beyond the half million
barrel mark. and ia still growing
5 For some years we have had to i'm
+, port oil and with the growth In de
: mand, our dependence on foreign o
has become steadily greater Ia spit
OF our own increase In output, !
D., II therefore evident that the peopl
of the United states should he In
formed as fully as possible as I
tho reserve now left In this coun
x try, for without such informatio
we cannot appr0ise our probable dc
pendence upon foreign supplies of o
x on the expanding use OF which $
7. much modern civilization depends
" The Joint committee expects n
estimates to bO attacked from