Sistersville daily oil review. [volume] (Sistersville, W. Va.) 1902-1905, 1903-03-13
February Pipe Line Report.

net stocks of Pennsylvania oil.
There was another drop In the pipe
line runs and the shipments were
the smallest since July, 1899. On
the other hand, the decline In the
stocks of Buckeye oil was more
than sufficient to Offset the gain In
Pennsylvania, and the total decrease
amounted to about $500 barrels
a day. The production OF Penn
sylvania oil for once was over 800
barrels ahead of the demand For
several months past the con-
sumption has been constantly in
excess of the production and a
steady reduction In the net stocks
has been taking place.
January opened the new year
with IA considerable decline In the
runs and shipments of Pennsylvania
oil, but the consumption continued
In excess of the supply an! the
stocks suffered a decline OF nearly
s, 900 barrels day. At the same
time Buckeye runs and shipments
made a gain, but the increase In
the runs were small In comparison
with the increase In the shipments
and the decline In the net stocks
was very large. The aggregate
reduction In the stocks of Penn
sylvania and Lima oils was above
az 900 barrels day In January
The total decrease In the stocks
of Pennsylvania and Trenton rock
oils during February was 156,15S
barrels, while the January loss was
72o,411 barrels The net decline
during December was 646,632 bar
rels and the stocks of Pennsylvania
oil at the beginning of the year
were the smallest on record for
many years, while the Buckeye
stocks were the smallest since July,
iooI.
Between December 81, 1900 and
December 81, 1901, the Pennsyl
vania stocks decreased 3,754,396
barrels, while the S ocks of Lima
oil made gain of 2,77I,37S barrels.
July was the only month of the
past year the record an increase.
At the close of 1902, the stocks of
Pennsylvania oil were 5,6eo,127
barrels and the Buckeye stocks
were I7,3o6436, or total of 49,
oo5.555 barrels The Pennsylvania
stocks were reduced 3,71,394 bar
els during the year, which was an
aggregate reduction of 4.I75,I74
barrels and the heaviest loss since
the termination of the shut down
movement Of 1857.
In February the runs of Penusyl-
vania oil averaged 1868 barrels
below the average for January,
During January the runs of Penn
sylvania oil averaged 81, ST barrels
or 52o barrels less than the aver
age for December For December
the runs of Pennsylvania oil aver.
aged S6,1c6 barrels day, which
was a gain of 1906 barrels over the
runs for November. The average
daily runs of Pennsylvania oil were
81, 400 barrels In November, a drop
of $500 barrels from October. The
runs tor February year ago aver
aged 1851 barrels day. Both
January and February are ahead In
production over the corresponding
months of 1902.
The Pennsylvania oil shipments
for February were only 1884 bar
rels day, which was "a, $50 bar
rels below the January average ard
the smallest on record for nearly
four years. The shipments of
Pennsylvania oil averaged $4,000
barrels day In January, which
was a decline of 7;484 barrels from
the December average. In Dece u
Der the Pennsylvania oil shipments
averaged 1oo,5S4 barrels day, or
1851 barrels more than during
November. The shipments for
February year ago averaged ST.
SCI barrels.
The total runs for Pennsylvania
oil for 1902 were 3I,3oo,446 bar
rels, or s5,e16 barrels day. The
decrease from the figures for 1901
was 1896 ,6S7 barrels. The total
shipments of Pennsylvania oil for
1902 were 36,1s4 500 barrels. or
y6,3I4 barrels day. The total
shipments for 1901 were 36,42t5II