HEARINGS

BEFORE A

SUBCOMMITTEE OF THE COMMITTEE ON

INTERSTATE AND FOREIGN COMMERCE

HOUSE OF REPRESENTATIVES

EIGHTY-FIRST CONGRESS

SECOND SESSION

ON

H. Res. 107

A RESOLUTION TO AUTHORIZE THE COMMITTEE ON INTER-

STATE AND FOREIGN COMMERCE TO MAKE INVESTIGATIONS

INTO ANY MATTER WITHIN ITS JURISDICTION, AND

FOR OTHER PURPOSES

H. R. 6047

A BILL TO ESTABLISH A PETROLEUM POLICY COUNCIL HURR

THE PURPOSE OF DEVELOPING, CLARIFYING, AND COORDI-

NATING NATIONAL POLICIES RELATING TO PETROLEUM, AND

FOR OTHER PURPOSES

H. J. Res. 423

A JOINT RESOLUTION AUTHORIZING THE FEDERAL TRADE

COMMISSION TO MAKE A STUDY AND INVESTIGATION OF

THE PRODUCTION, TRANSPORTATION, REFINING, AND DIS-

TRIBUTION OF PETROLEUM PRODUCTS

Statement of-

Blaisdell, Thomas C., Jr., Assistant Secretary of Commerce__

Bransky, Dr. O. E., Chief, Petroleum Branch, Economic Coopera-

tion Administration__.

155,

81-

Cannon, Hon. Clarence, a Representative in Congress from the State

of Missouri

Carson, John, Commissioner, Federal Trade Commission_

Carson, Lester M., Chief, Fuels Branch, Office of International Trade,

Department of Commerce_

Creel, L. Edward, trial attorney, Federal Trade Commission...

Dwyer, Cornelius J., Assistant Chief, Petroleum Branch, Economic

Cooperation Administration___

Edwards, Dr. Corwin D., Director, Bureau of Industrial Economics,

Federal Trade Commission__.

Freer, Robert, in behalf of National Congress of Petroleum Retailers__

Halvorson, Lloyd, economist, the National Grange----

Hoffman, Paul G., Administrator, Economic Cooperation Adminis-

tration...

Hull, William, petroleum consultant, Economic Cooperation Ad-

ministration_

318:

247

155

247

81-

247

Fentress, Carroll D., Director, Refining Branch, Oil and Gas Divi-

sion, Department of the Interior...

MacIntyre, Everette, Chief, Division of Antimonopoly Trials,

Federal Trade Commission.

247

Martin, Edwin G., general counsel, United States Tariff Commission..

Peel, Henry A., economic analyst, Bureau of Industrial Economics,

Federal Trade Commission _ _

195

247

Sappington, A. D., general counsel, Missouri Farmers Association,

Înc

Stewart, Hugh A., Director, Oil and Gas Division, Department of
the Interior_.

Stong, Benton J., National Farmers Union__

Swanson, Edward B., Assistant Director, Oil and Gas Division,

Department of the Interior_

Thorp, Willard L., Assistant Secretary of State for Economic Affairs..

Additional information submitted for the record by-

Commerce Department:

329, 334

Definition of the sterling area used by the British Government

in its oil balance-of-payments calculations... –

Imports of crude petroleum and petroleum products by month,
and comparing import price with domestic price for the two
principal products, tables:

1947

1948.

1949

Quantities of petroleum products licensed during 1949, by
countries, table____

179-

190

191

192

163-166

Additional information submitted for the record by-Continued

Economic Cooperation Administration:

Number of farms, number of tractors and tractors per 1,000
farms, table..

Page

142

134

Restrictions on consumption of petroleum products in Europe...

Statistics on crude oil, refined petroleum products, petroleum

equipment, etc., in regard to participating countries, tables. 91-130
Heselton, Hon. John W.:

New England Council, letter from Edwin G. Moline, acting

chief, Petroleum Policy Staff___

289

United States crude output sets new 1950 high, statement by
American Petroleum Institute..

286

Interior Department:

Oil imports into United States, 1949, table..

50

Proved reserves of crude oil in the United States, chart and table. 22, 23

Total annual crude oil production chart and table..

26, 27

United States drilling operations, chart and table..

19, 20

United States oil imports and exports chart and table.

United States oil stocks, chart and table..

31, 32

57, 58

United States oil supply and demand, chart and table.

Gulf Coast Refiners Association, letter from D. W. Hovey,

president.

366

Oil-Front Ranking Problem, article from Chicago Journal of

Commerce..

365

Oil-Tardy Reflection by Keith Fanshier

368

Small-Refiner Losses, article from Oil and Gas Journal_

340

Texans Say Refiners Lost $200,000,000 in 8 months, article from

Oil and Gas Journal_

365

Total imports gain 22.3 percent in first 7 months.

368

National Farmers Union, press release, March 27, 1950.

Interdepartmental Committee on Trade Agreements, list of

members and alternates_

208

Letter regarding nature of dissent with respect to application of
Independent Petroleum Association of America from-

Commissioner Brossard..

207

Commissioner Gregg-..

207

Statement dismissing application of Independent Petroleum
Association of America..

204

APPENDIX

HEARING BEFORE THE HOUSE INTERSTATE AND FOREIGN COMMERCE COMMITTEE,

FRIDAY, FEBRUARY 25, 1949, RE SHIPMENTS OF PIPE TO SAUDI ARABIA

Statement of-

Page

Friedman, Jessie J., Office of the Secretary of Commerce_

Hahn, Clifford, office of Industry Cooperation, Department of Com-

379

merce.

379

Sawyer, Hon. Charles, Secretary of Commerce_

379

HEARINGS BEFORE THE HOUSE INTERSTATE AND FOREIGN COMMERCE COMMITTEE,

TUESDAY, MARCH 22, 1949, AND FRIDAY, MARCH 25, 1949, RE ECONOMIC

COOPERATION ADMINISTRATION

Statement of-

Hoffman, Hon. Paul G., Administrator, Economic Cooperation

Administration___.

Levy, Walter, Petroleum Chief, Economic Cooperation Administra-

tion.