America 1940-1949: Business and the Economy Research Article from American Decades

This Study Guide consists of approximately 60 pages of chapter summaries, quotes, character analysis, themes, and more - everything you need to sharpen your knowledge of America 1940-1949.

America 1940-1949: Business and the Economy Research Article from American Decades

This Study Guide consists of approximately 60 pages of chapter summaries, quotes, character analysis, themes, and more - everything you need to sharpen your knowledge of America 1940-1949.
This section contains 622 words
(approx. 3 pages at 300 words per page)
Buy the America 1940-1949: Business and the Economy Encyclopedia Article

Oil Czar.

During World War II the United States supplied the Allies with the bulk of the oil needed to fight the war, and oil was one of the most important strategic resources of the war. During the war U.S. secretary of the interior Harold Ickes also assumed the position of director of the Petroleum Administration for War, thus becoming an oil czar with unprecedented power over the oil industry. He increased domestic production and rationing civilian use of gasoline and other oil products to meet war needs. During the war American leaders in both the public and private sectors redefined the importance of oil and of overseas oil fields, particularly those in the Middle East.

Running Out of Oil.

In the December 1943 American Magazine Ickes published an article titled "We're Running Out of Oil!" In...

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This section contains 622 words
(approx. 3 pages at 300 words per page)
Buy the America 1940-1949: Business and the Economy Encyclopedia Article
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