Political and commercial geology and the world's mineral resources
Science
Political and commercial geology and the world's mineral resources
Geology, Economic; Mines and mineral resources
------------------+-----------+----------------+------------------
| | |Approximate extent
| Production| Nationality | of control by
| in 1917 | of dominant |dominant interests
Country | (barrels) | interests | (per cent.)
------------------+-----------+----------------+------------------
United States |335,315,601|United States | 96
Russia | 69,000,000|British-Dutch | 40+
Mexico | 55,292,770|United States | 65
Dutch East Indies | 12,928,955|British-Dutch | 100
India | 6,078,843|British | 100
Persia | 6,856,063|British | 100
Galicia | 5,965,447|German | 100
Japan and Formosa | 2,898,654|Japanese | 100
Roumania | 2,681,870|British-Dutch | 36
Peru | 2,533,417|United States | 70
Trinidad | 1,599,455|British | 80
Argentina | 1,144,737|Argentinian | 100
Egypt | 1,008,750|British-Dutch | 100
Germany and Alsace| 995,746|German | 100
Canada | 205,332|United States[4]| 80-
Venezuela | 127,743|British-Dutch | 80 (?)
Italy | 50,000|French | 96
------------------+-----------+----------------+------------------
[4] By control of refining facilities.
So far as the author is aware, Canada is the only country in which the
petroleum industry may be said to be controlled by foreign (United
States) interests, this control being by virtue of an essential
monopoly of pipe-line and refining facilities.
The preceding table shows, according to the best information available,
the nationality and approximate extent of control exercised by the
dominant interest in each of the principal oil-producing countries of
the world in 1917.
POLITICAL AND COMMERCIAL CONTROL OF RESOURCES
The accompanying diagram (Figure 2) shows graphically the approximate
commercial control of the world’s production of petroleum in 1917.
[Illustration: FIG. 2.--Approximate commercial control of the world’s
production of petroleum in 1917.]
Public-domain text, read in full here on John Shaqi.
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