On the recordMarch 12, 1931
The consumption of the United States is approximately 900 million barrels per annum, the imports thus representing something over 11 percent and the exports about 16 percent of the total.
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presidency.ucsb.eduHerbert Hoover: “The consumption of the United States is approximately 900 million barrels per annum, the imports thus representing…”
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Statement on Oil Imports and Production
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