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Oil import outlook in 1955 eyed higher than 1954
Preliminary weekly and monthly import figures for 1955 show crude oil and refined product imports averaging 2,280,000 barrels daily, up 17 percent from 1954. Brown cautioned that total yearly imports could exceed cabinet-recommended levels by about 112,000 barrels daily, noting five U.S. majors Standars of New Jersey Gulf Oil Socony Mobil and Standard of California dominate foreign appetites and may curb some imports in late 1955.
MENTIONED IN THIS ARTICLE
Eisenhower
Brown
Standards of
New Jersey
Gulf, Texas
Socony Mobil
Standard’ of
California
Worden
Ier
Texas Mid-Continent of and Gas Association
Dallas
Albert’l. Nickerson
Socony ‘Mobil. Sertt Co
Ince
Nickerson
Cnot