A Letter From The Publisher, Dec. 1, 1952

The cover story in this issue of TIME, like many of the Business and some of the Press cover stories of the past six years, was written by Associate Editor Bill Miller.

Miller first met Oilman Alfred Jacobsen last March when he was working on a story about Amerada Petroleum Corp.'s successful wildcatting in the Williston Basin (TIME, March 24). Impressed by Jacobsen's candor and executive ability and by Amerada's phenomenal success, Miller later suggested Jacobsen as the cover subject for a story on the oil industry.

To get the feel of the Williston...

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