OIL: Wildcat Fight

Is the U.S. being as complacent about oil today as it was over aluminum, rubber and steel before Pearl Harbor?

Wyoming's little sandy-haired Senator, Joseph C. O'Mahoney, raised that question in Washington last week¬óraised it big and loud during a Senate subcommittee hearing presenting evidence that shouted "yes."

The prospect of an oil shortage is based on a possibility, a probability and a fact. The possibility is that Hitler may take the Iraq-Caucasian-Iranian oilfields, leaving the United Nations totally dependent on the Western Hemisphere for oil. The probability is that gasoline and fuel oil rationing will be more than offset by...

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