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50-50 profit-sharing arrangements American companies Assets Income Jan Assistant Cashier Assistant Assistant Vice President balance of payments barrels a day basis book earnings capital expenditures Cashier Assistant Cashier Commerce data Common Market companies included crude oil Department of Commerce discounts downstream shortfall ducing countries Eastern Hemi Eastern Hemisphere Estimated Eastern Hemisphere markets EASTERN HEMISPHERE PETROLEUM Edward Symonds energy policy Estimated Earnings imported increase indicated Shortfall international companies investments Japan Major International Oil major non-consolidated companies Middle East million barrels Mobil Oil Company NATIONAL CITY BANK panies payments to governments Petrochemicals petroleum business Petroleum Company PETROLEUM DEPARTMENT Petroleum Economist petroleum industry posted prices President Assistant Vice producing coun producing countries production outlays refinery refining and marketing royalties seven international Seven Major International shortfall in 1962 Standard Oil Company tion total earnings total energy supply United States petroleum Vice President Assistant Vice President PETROLEUM Western Europe worldwide YEAR'S PROGRESS ANALYZED