Competitive Relation of Coal and Petroleum in the United States

The American Institute of Mining, Metallurgical, and Petroleum Engineers
W. Spencer Hutchinson
Organization:
The American Institute of Mining, Metallurgical, and Petroleum Engineers
Pages:
7
File Size:
239 KB
Publication Date:
Jan 1, 1933

Abstract

THE outstanding engineering accomplishment of the last three decades has been the development and application of more and cheaper power and its use instead of the labor of men and animals. Substitution of power for manual labor has taken effect on every hand in the United States. With the aid of energy mechanically available to his hand, one man does the work that only a few years ago required two, three or even a greater number of laborers. The results in respect to the favorable economic effects are well known; namely, increased production, higher wages and lower costs. On the other hand, the vast social effects, both good and bad, have been none the less important, even if less understood and only casually regarded. The chief sources of energy today are the mineral fuels, coal and petroleum. In the United States they yield more than 90 per cent of the total energy demand. Thirty years ago the proportion of energy supplied by the mineral fuels was likewise above 90 per cent, but the division according to origin was very different. These relations. are shown for the years 1900, 1930 and 1950 in Table 1.
Citation

APA: W. Spencer Hutchinson  (1933)  Competitive Relation of Coal and Petroleum in the United States

MLA: W. Spencer Hutchinson Competitive Relation of Coal and Petroleum in the United States. The American Institute of Mining, Metallurgical, and Petroleum Engineers, 1933.

Export
Purchase this Article for $25.00

Create a Guest account to purchase this file
- or -
Log in to your existing Guest account