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
secure, through commercial control, backed where necessary by political
pressure, a world empire of petroleum to serve her world-wide colonial
empire. The United States, on the other hand, has dominated the world’s
petroleum industry through her own vast resources, worked by interests
which have grown without conscious governmental help or even in spite
of governmental and popular opposition, and have reached out and
secured footholds in other countries.
In the past the mineral development of the world has led to great
changes in political sovereignty. Important as these have been, the
events that may result from the nationalistic competitive exploitation
and control of the world’s petroleum supply bid fair to exceed in
importance all similar changes of the past. The perception of the
problem and of the necessity, and the advantage of the initiative,
naturally belongs to those nations with restricted area and resources,
that have grown great by trading and by exploiting the resources of
other countries. Such a nation, for example, is England, a country
that is fortunately the natural ally of the United States. By
contrast, in the United States, a nation concerned hitherto only with
the development of its own vast resources, commercial enterprise in
foreign countries has been backed by no fixed national policy, and
indeed has often been treated as unworthy. In the new international era
that was initiated by the World War, however, this policy of Chinese
self-sufficiency and exclusion can not be safely continued, and the
United States must not only perceive clearly the tendencies and
movements of other nationalities, but consider how best to direct its
own commercial and political plans so as to uphold its independence and
power. Such a policy would naturally lead to international agreements
as to the distribution and division of petroleum lands, resources, and
production, and probably no one thing would contribute more to the
promotion of frank understanding between nations and the removal of
obstacles to permanent peace.
Mr. Northrop’s paper follows:
USES OF PETROLEUM
In its crude or semi-refined state, petroleum is extensively utilized
as fuel under locomotive and marine boilers and to a small extent in
internal-combustion engines of the Diesel type. Certain grades of
petroleum are utilized in the crude state as lubricants.
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