Herbert Hoover actually said...

In order to prevent enormous waste of gas and oil and to prevent the ruin of the independent oil producers, the Federal Oil Conservation Boa...

The question of prorating of imports has been under agitation as also having a bearing upon the problem.

We import approximately 105 million barrels of petroleum and its products per annum and export about 156 million barrels, the imports coming...

These negotiations are making favorable progress.