Federal Oil Conservation Board
The Federal Oil Conservation Board (FOCB) was created by United States president Calvin Coolidge in 1924 to investigate conditions in the oil industry.[1][2] On its creation, the board consisted of the Secretary of War, Secretary of the Navy, Secretary of the Interior, and Secretary of Commerce.[3] Oil industry executives filed a lawsuit through the American Petroleum Institute to prevent the board from having any enforcement power.[4] It was superseded by the Petroleum Administrative Board in 1934.[5]
References
- ^ Galloway, George B. (1931). Control of Production in the Oil Industry (Report). doi:10.4135/cqresrre1931050700 – via CQ Researcher.
- ^ Nordhauser, Norman (Spring 1973). "Origins of Federal Oil Regulation in the 1920's". Business History Review. 47 (1): 53–71. doi:10.2307/3113603. JSTOR 3113603. S2CID 154450399.
- ^ Becker, Leod D. (February 1925). "The Oil Conservation Board—A Challenge and an Opportunity". Oil Trade. Vol. 16, no. 2. p. 34 – via Google Books.
- ^ "The Oil Wars". Texas State Library. Archived from the original on 2025-03-08. Retrieved 2025-10-05.
- ^ "Records of the Petroleum Administrative Board". National Archives and Records Administration. Retrieved 2021-05-29.
Further reading
- Clements, Kendrick A (February 1984). "Herbert Hoover and Conservation, 1921–33". The American Historical Review. 89 (1): 67–88. doi:10.2307/1855918. JSTOR 1855918.
- Fanning, L. M. (December 16, 1926). "Institute Acts on Hoover's Interview". Oil & Gas Journal. p. 39 – via Google Books.
External links
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