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- Identifier:
- CAC_CC_31_7_7_21_0001
- Contributing Institution:
- Carl Albert Congressional Research and Studies Center, University of Oklahoma, Norman, OK
- Collection:
- Robert S. Kerr Collection
- Title:
- The Future of Energy: Senator Robert S. Kerr's Speech on Fuels for the Space Age
- Date:
- 1961-01-01
- Creator:
- Kerr, Robert S. (Robert Samuel), 1896-1963
- Topic:
- Energy policy--United States, Agricultural laws and legislation
- Congress:
- 87th (1961-1963)
- Identifier:
- CAC_CC_31_7_7_21_0002
- Contributing Institution:
- Carl Albert Congressional Research and Studies Center, University of Oklahoma, Norman, OK
- Collection:
- Robert S. Kerr Collection
- Title:
- Protecting the Future: The Importance of Depletion Provisions in the Petroleum Industry
- Date:
- 1961-12-06
- Creator:
- Kerr, Robert S. (Robert Samuel), 1896-1963
- Congress:
- 87th (1961-1963)
![["Senator Robert S. Kerr gave a speech before the Mid-Continent Oil & Gas Association discussing the importance of the oil and gas industry in relation to the space program. He highlighted the significant capital expenditures by the oil industry and the investment in the space program, emphasizing the economic growth and technological advancements it will bring. Kerr also mentioned the development of new materials such as Delrin by DuPont, with military and consumer applications. Overall, he expressed confidence in the benefits of investing in the space program for the economy and national security."]](https://jones-2.s3.amazonaws.com/Robert%20S.%20Kerr%20Collection,%201871-1970/Speeches,%201871-1963-CAC_CC_31_7_0000_0000_0000/CAC_CC_31_7_7_21_0000--%20Fuels%20for%20the%20Space%20Age,%20December%206,%201961/thumbnails/CAC_CC_31_7_7_21_0001_thumbnail.jpg "The Future of Energy: Senator Robert S. Kerr's Speech on Fuels for the Space Age")
![["Senator Robert S. Kerr spoke at a Mid Continent Oil and Gas Association meeting in 1961, emphasizing the importance of maintaining depletion provisions in Federal Tax Laws to support the petroleum industry. He argued that these provisions stimulate investment in oil and mineral production, leading to economic growth and national security. Kerr highlighted the historical context of depletion deductions and the challenges faced by the industry, advocating for the continuation of percentage depletion allowances. He also predicted a significant increase in the consumption of petroleum products in the future."]](https://jones-2.s3.amazonaws.com/Robert%20S.%20Kerr%20Collection,%201871-1970/Speeches,%201871-1963-CAC_CC_31_7_0000_0000_0000/CAC_CC_31_7_7_21_0000--%20Fuels%20for%20the%20Space%20Age,%20December%206,%201961/thumbnails/CAC_CC_31_7_7_21_0002_thumbnail.jpg "Protecting the Future: The Importance of Depletion Provisions in the Petroleum Industry")