Description: This issue includes information on motor taxation, oil tankers under construction, the disposal of petroleum waste, the oil situation in Mexico and oil shares.
Founded by J T Smith, a former sub-editor of the Daily News with a specialist interest in the production and uses of oil and petroleum, Oil News started just 53 years after Colonel Edwin Drake drilled the first well at Oil Creek, Pennsylvania in 1859, and 1 year before Henry Ford introduced the first true production line to speed up the building of his automobiles. Oil News was written both for insiders and for potential investors in the industry. Issued weekly, it soon reached a circulation of 5,000 copies - remarkable for a trade journal.
Original Version:
Reproduction of: Oil News, 14 April 1938 14-Apr-38.
