American Petroleum Interests in Foreign Countries: Hearings Before a Special Committee Investigating Petroleum Resources, United States Senate, Seventy-ninth Congress, First Session, Pursuant to S. Res. 36 (extending S. Res. 253, 78th Congress) a Resolution Providing for an Investigation with Respect to Petroleum Resources in Relation to the National Welfare. June 27 and 28, 1945

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Passagens conhecidas

Página 437 - In cases where the continental shelf extends to the shores of another State, or is shared with an adjacent State, the boundary shall be determined by the United States and the State concerned in accordance with equitable principles.
Página 137 - The high contracting parties respectively retain their rights and claims, without prejudice by reason of this agreement, with respect to the extent of their territorial jurisdiction.
Página 293 - The position of the United States in regard to oil can be characterized as precarious. Using more than one-third of a billion barrels a year, we are drawing not only from the underground pools, but also from storage, and both of these supplies are limited. In 1918, the contribution direct from our wells was 356,000,000...
Página 138 - ... is not inconsistent with the universal right of navigation in the open sea or with the common right of the public to fish in the high seas.
Página 317 - The Democratic party recognizes the importance of the acquisition by Americans of additional sources of supply of petroleum and other minerals and declares that such acquisition both at home and abroad should be fostered and encouraged. We urge such action, legislative and executive, as may secure to American citizens the same rights in the acquirement of mining rights in foreign countries as are enjoyed by the citizens or subjects of any other nation.
Página 292 - We are already making our own cordite, which is a most complex and difficult operation, . . . and I see no reason, nor do my advisers, why we should shrink from making this further extension of the vast and various businesses of the Admiralty. The third aspect of the ultimate policy is that we must become the owners, or at any rate the controllers at the source, of at least a proportion of the supply of natural oil which we require.
Página 293 - The part our Government should take in planning to meet our future needs is to give moral support to every effort of American business to expand its circle of activity in oil production, so that it will be coextensive with the new field of American shipping. "This may mean world-wide exploration, development, and producing companies, financed by United States capital, guided by American engineering, and safeguarded in policy because protected by the United States Government.
Página 244 - May 1, 1917, were required, under penalty of forfeiture, to apply within one year for "confirmation" of their titles and to accept concessions for not more than 50 years from the time exploitation work began. "In these circumstances," the American note said, "American nationals who have made investments in Mexico in reliance upon unqualified titles would be obliged to file applications virtually surrendering these vested rights and to accept in lieu thereof concessions of manifestly lesser scope...
Página 139 - State is its own continental shelf, where the edible species dwell. "4. If the zone of territorial waters were, for purposes of fishery, increased to 12 or 15 miles — a step which has already been taken under the legislations of various countries for other, albeit less important, purposes — . each State would have its continental shelf included in its own territorial waters and would consequently be able in that area to adopt such rules as it might hold to be most desirable for the preservation...
Página 319 - Mr. Levi then went on to state : "Trade agreements which affected the oil industry in foreign countries may be classified under two general headings : "1. By law, ie, Government monopoly or compulsory cartel. "2. (a) Trade agreements by Government direction or pressure, and (b) Trade agreements organized by private initiative in accordance with the law of a country and permitted or encouraged by its Government.

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