The World-Struggle for OilL'Espagnol de la Tramerye, Pierre Paul Ernest
History
The World-Struggle for Oil
L'Espagnol de la Tramerye, Pierre Paul Ernest
Petroleum; Petroleum industry and trade; War -- Economic aspects
-------+---------------------+-----------------
Year. | World Production | Percentage from
| 1910-21 (barrels). | Mexico only.
-------+---------------------+-----------------
1910 | 328,000,000 | 1.10
1911 | 344,000,000 | 3.65
1912 | 352,500,000 | 4.70
1913 | 385,000,000 | 6.80
1914 | 400,000,000 | 5.30
1915 | 426,500,000 | 7.70
1916 | 459,500,000 | 8.70
1917 | 505,500,000 | 10.09
1918 | 515,000,000 | 12.40
1919 | 551,000,000 | 15.85
1920 | 684,000,000 | 23.35
1921 | 759,000,000 | 25.00
-------+---------------------+-----------------
It is Mexico which saves the world to-day, for the United States--the
greatest producers in the world--do not even supply enough for their
own consumption, and are obliged to call in the help of Mexico to make
good their deficit. In spite of all their efforts, they have only
succeeded, during the last three years, in increasing production by 24
per cent., while Mexico has augmented hers by 130 per cent. The other
countries follow at a considerable distance. Here is the record of each
for 1921:--
Barrels.
United States 469,639,000
Mexico 195,064,000
Russia 28,500,000
Dutch East Indies 18,000,000
Persia 14,600,000
Rumania 8,347,000
India 6,864,000
Poland (Galicia) 3,665,000
Peru 3,568,000
Japan and Formosa 2,600,000
Trinidad 2,354,000
Argentina 1,747,000
Egypt 1,181,000
Venezuela 1,078,000
France 392,000
Germany 200,000
Canada 190,000
Italy 35,000
Algeria 3,000
Great Britain 3,000
Other countries 1,000,000
The total production was 759,000,000 barrels of 42 gallons, against
684,000,000 barrels in 1920. It exceeds 100 million tons, easily
beating the records of the preceding years. If we remember that half a
century ago, it was only 66,000 tons, and that _between 1913 and 1920
it has almost doubled_, we shall see what a tremendous stimulus the
great world War has been.
But fears are increasingly felt. Will it be possible to satisfy the
dizzy increase in the consumption of oil? And do not certain countries
already fear to see the reserves contained in their soil exhausted?
FOOTNOTES:
[Footnote 5: Plutarch's _Lives_, Alexander the Great, chap. xliv.]
[Footnote 6: Cp. chap. xvi, _The Struggle for the Oil-fields of
Russia._]
[Footnote 7: Having fallen to 920,000 tons in 1919, it had increased to
1,030,086 tons in 1920 (12 per cent. increase). This slight recovery is
the first noted; for six years Rumanian production steadily decreased.
The worst year was 1917.]
CHAPTER III
Public-domain text, read in full here on John Shaqi.
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