Petroleum and Natural Gas in Indiana: A Preliminary Report, 1920 (Classic Reprint) - Softcover

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Excerpt from Petroleum and Natural Gas in Indiana: A Preliminary Report, 1920

No industry is more dependent upon science than is the petroleum industry upon the science of geology. The petroleum and natural gas industry of Indiana is of so much importance to the industrial development of the State that it should be given every aid which this science can supply for the solution of its problems. Enormous sums of money have been expended and are still being expended in Indiana in wild-cat drill ing and the greater part of this form of prospecting is being indulged in without reference to the presence or absence of geological conditions favorable to the accumulation of oil and gas. Very naturally such pro specting leads to enormous losses and few gains.

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