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1 United States Foreign Oil Policy and Petroleum Reserves Corporation: An Analysis of the Effect of the Proposed Saudi Arabian Pipe Line 1944

handle is hein.beal/oprc0001 and id is 1 raw text is: United States Foreign Oil Policy and Petroleum Reserves Corporation An Analysis of the Effect of the Proposed Saudi Arabian Pipe Line T HIS planned action of Petroleum Reserves Cor- poration is the beginning of a fatal and mistaken policy-as grave as the fatally mistaken policy of scrapping much of our fleet voluntarily at the end of the last war. If permitted, it will be a fatal surrender. It will be a mistaken policy no less portentous than the scrapping of the fleet, because it is the scrapping of the internal strength of America itself. PETROLEUM INDUSTRY WAR COUNCIL 1625 K Street, N.W. • Washington 6, D. C.

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