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a lawsuit through the American Petroleum Institute to prevent the board from having any enforcement power.[4] It was superseded by the Petroleum Administrative Board in 1934.[5]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

  1. ^ Galloway, George B. (1931). Control of Production in the Oil Industry (Report). doi:10.4135/cqresrre1931050700 – via CQ Researcher.
  2. ^ 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.
  3. ^ 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.
  4. ^ "The Oil Wars". Texas State Library. Archived from the original on 2025-03-08. Retrieved 2025-10-05.
  5. ^ "Records of the Petroleum Administrative Board". National Archives and Records Administration. Retrieved 2021-05-29.

Further reading

Wikimedia Commons has media related to Federal Oil Conservation Board.


This article is issued from Wikipedia. The text is available under Creative Commons Attribution-Share Alike 4.0 unless otherwise noted. Additional terms may apply for the media files.