Sistersville oil review. [volume] (Sistersville, W. Va.) 1896-1901, 1898-11-16


There was a heavy demand upon
the pipe line stock during, October
and the total decrease in the net
stocks of Lima and Pennsylvania
oils was over one million barrels
This is the heaviest decline on
record in long time: The runs OF
Pennsylvania oil decreased while
the shipments were increased dur
ing the month and the same condi-
tons likewise prevailed in the dis,
trlcts of Ohio and Indiana, produc-
ing Trenton rock oil. The ship
ments of Pennsylvania oil were
over 5000 barrels day and those
of Lima about 5000 barrels a day
in excess of those of the preceding
month.
July was the first month of the
present year to exhibit any decline
in the net stocks of Pennsylvania
oil, when a decrease of 1926 bar
rels was made, followed by another
drop of 71,455 barrels in August,
5o,632 barrels in September and
35I,783 barrels in October. The
June increase was 135,o49 barrels,
that of May 2Se,4S3 barrels and
that of April 232,o72 barrels. Lima
oil stocks suffered a decrease of
722,132 barrels during October,
making a net decrease in both
fields of 1,o73,9I5 barrels. The
stocks of Lima oil were decreased
66e, $50 barrels in September, which
added to the decline in Pennsylva-
uia stocks made total net decline
of 29,282 barrels for the month.
The aggregate decline for August
was 836,1S3 barrels and for July
644.S74 barrels.
The stocks Of Lima oil were re-
duced COG ,4o4 barrels i'll May, and
$50, 7o6 barrels in June, so that the
total decrease in the available stocks
was over 32I,ooo barrels IN May
and 444,6o7 barrels in June. The
consumption of Lima oil for August
reached 7I,734 barrels a day and
was the heaviest on record. For
September the consumption as rep,
resented by the Buckeye and Indi-
ana Pipe Line shipments was about
I69, 900 barrels and for October TO-,
500 barrels day.
The total production of Penrsyl-
vania oil for the first ten months
of the present year as shown by the
pipe line runs, has beer IS, o26, o22
barrels, or $500 barrels day.
The total pipe line runs for the year
1897 were 34.724,684 barrels, or a
daily average of 95, 1856 barrels. The
present year is likely to fall very
short of these figures, as the daily
average thus far is 1884 barrels
below that of the preceding year.
The October runs of Pennsylva-
MIA oil were So,253 barrels day, a
drop of 3 9I5 barrels from the Sep
TENDER average. The pipe line runs
of Pennsylvania oil averaged 84,1o8
barrels a day in September, which
was 44o barrels below the average
| for August. In August the daily
runs were 84,6o8 barrels, or q, $40
barrels in excess of the July aver
age. In July the average fell to
SOFAS barrels, which was the low
est of the present year. The pipe
line runs for June averaged $3.50
'arrels day, or o2o barrels below
those of May. The May runs aver
aged 86,4I8 barrels. which was a
decrease of $3.50 barrels day from
the average for April. The runs for
April averaged 88,4I8 barrels day !,
which was 1857 barrels day below
the average for March. The runs
for October year ago were e7,518
barrels, so that the decrease as com
pared with a twelyemonth back, is
1906 barrels.
The October shipments averaged
1896 barrels, gain of 5,42I bar
rels a day over the average for
September. The shipments OF
Pennsylvania oil were 86,I75 bar
rels day in September, or 77o