Sistersville daily oil review. [volume] (Sistersville, W. Va.) 1902-1905, 1903-11-13
Pipe Line Report
In October

In October and there was likewise
a considerable decline In the pipe
line runs. The shipments OF Penn
sylvania oil were decreased during
the month, while the Lima oil
shipments made large gains and
with the exception of June, were
the heaviest of the current year.
The June shipments Of Lima oil
were the largest on record for FIVE
years past. October witnessed an
advance In tie prize of crude oils
of all grades, but there has been
little change In The relative condi
lions of supply and demand. The
decline In the net stocks during
Octob Der averaged over $500 bar
rels day.
During September there was a
considerable gain T. the runs OF
Pennsylvania oil, but the shipments
also recorded a large increase and
the drop In the net stocks was near,
ly as great as In August, The
shipments for September were the
heaviest since March last. The runs
however, were considerably below
both the June and July averages
The Lima Oh runs In Septem Der
were the largest recorded since 1896
but the shipments showed quite
decline from August and thee was
small gain, about 7 900 barrels In
the Buckeve stocks. For the first
time In seven years the runs OF
Trenton rock oil exceeded $1,000
barrels day. While the Buckeye
stocks increased at the rate of 22o
day In September, the Pennsyl-
vanie declined over 1880 barrels a
day. The decline In the stocks Is
particularly noteworthy at the
present time because of the enor-
nous activity that has prevailed
throughout the producing regions
during the past several months.
The total decline In the Eastern
ard Western oil sto ks amounted
to 2o2 3S2 berrels In October,
Pennsylvania stocks were reduced
54,5oo barrels and the Ohio,1udl-
ana stocks I47 1872 barrels. In
both sections the shipments con-
tinue ahead of the runs, while pro
ducers are making extraordinary
efforts In order g increase their pro
ductlon. The net decrease In the
stocks of Pennsylvania and Tren =
ton rock oils amounted to 138,o23
barrels In September, or about
d go barrels day. While the
Pennsylvania stocks declined I44,
723 barrels, the Buckeye made a
gain OF $500 barrels. The decrease
during August amounted to 249,-
262 barrels, which was at the rate
of over 8, 1000 barrels day There
was an aggregate increae In the
stocks of he Pennsylvania and
Buckeye oil companies during July
of "a 40 barrels, which was an
sverage of 7So barrels a day.
At the close of 1902, the stocks
of Pennsylvania oil were 5,6e9,l27
barrels and the Buckeye stocks
were 1896 426, or total of 49,
oos,5s3 barrels. The Pennsyl-
vania stocks were reduced 3,72I,-
2o4 barrels and the Buckeye 49,
$50 baraels during 1902, which was
an aggregate reduction of 4,175,I74
barrels, and the heaviest loss since
the termination OF tie shut down
movement In 1887. Since the first
of the year there has been an aggre
gate drop In the net stocks of 2,oS3,
S3I barrels. July was the hrSt ano
only month of the current year to
record a gain In the net sticks OF
the two fields.
The runs from the districts pro-
ducine Pennsylvania oil averaged
So 333 barrels a day In October,
which was a decline of 362 bar
rels from the figures for September
During September the runs OF
Pennsylvania oil averaged IS, 696
barrels day, which was a gain OF
34e3 barrels over August. The
runs for August were 81, 2o3 bar
rels or 3,S77 barrels below the July
record. The July runs were sc 90
barrels day, or 3,2o9 barrels less
than the average for June. The
runs for October year ago aver
aged oo,o5o barrels a day The av-
erage runs In 1902 were S5,9I6 bar