Review
“From the point of view of the economic historian the book leaves little to be desired. In lucid prose the authors have effectively synthesized new with old research and writing. They have made efficient use of a large volume of statistics, presenting them in the text as well as in appendixes. Line drawings and pictures are placed strategically near the ideas in the text they are intended to illustrate....The American Petroleum Institute, the sponsor of the study, has every right to be proud of the book....There is no other study of an industry which compares with it either in comprehensiveness or in portrayal of the dynamic process of development.”–American Economic Review
