Sistersville daily oil review. [volume] (Sistersville, W. Va.) 1902-1905, 1903-06-16
May Pipe Line Report
Notwithstanding the enormous


notwithstanding the enormous
activity In the Pennsylvania and
Trenton rock oil fields during May,
the pipe line runs fall to reveal any
increase In the production. The
Buckeye sections are ahead OF April
by nearly thousand barrels day,
while the Pennsylvania regions re
veal a decline of nearly four thou
sand barrels In the average daily
runs. This makes net decrease
of over 400 barrels a day In the
production of the parafine petro-
leum, from which Is obtained the
greater amount of illuminating oils,
benzines, and other products un-
known to oils having an asphalt
base. At the same time the
consumption shows a heavy In
crease, and the result Is another
substantial reduction In the net
stocks. In fact the petroleum
stocks at the close of May were the
smallest In the past ten years The
reduction during May was at the
rate of over 5000 barrels day.
During April the stocks of Penn
sylvania oil made small gain, but
the decline In the Buckeye stocks
was more than sufficient to counter
balance this increase, and there was
an aggregate decrease of over 1907
600 barrels for the month. While
the April runs of Pennsylvania oil
were slightly In excess of those OF
March, there was large falling off
In the shipments, which were nearly
5000 barrels below those of the
preceding month and 1900 barrels
a day less than the runs. On the
other hand, the Buckeye Pipe Line
runs showed a small decline from
the March figures, and there was a
decided gain In the shipments.
The runs decreased little over Ioo
barrels day, while the shipments
increased at the rate of 1900 bar
rels a day. The Buckeye Pipe
Line stocks were decreased $500
a day In April, while the Penn
sylvania stocks were increased at
the rate of 2,S7o barrels a day.
The aggregate decline In the net
stocks of high grade oils In the Gus.
tody of the various pipe lines
amounted to 253,464 barrels In May,
or about S,176 barrels a day.
During April the net decline In the
stocks of Pennsylvania and Buck
eye oil amounted to 6,o43 barrels,
which was an average decrease Of
3,535 barrels a day. In March the
aggregate decline amounted to
18o,o25 barrels, or 6,126 barrels a
day. The total decrease during
February was 156. I5S barrels, while
the January loss was 72o.411 bar
relS.
At the close of 1902, the stocks
of Pennsylvania oil were 5,699,127
barrels and the Buckeye stocks were
1896 .426 or a total of 23,oo5 553
barrels. The Pennsylvania stocks
were reduced 3,72I,2e4 barrels
and the Buckeye 4s3,SSo barrels
during the year. which was an az
gregate reduction of 4,175,174 bar
rels and the heaviest loss since the
termination of the shutdown
movement In 1887. Since the first
of the year there has been a drop In
stocks of 1896 o3 barrels, and the
figures at the close of May were the
smallest since the shutdown
movement of 1878.
The May pipe line runs of Penn
sylvania oil averaged S3,837 barrels
day, which Is decline of 3,o17
barrels from the April figures.
During April the Pennsylvania runs
were S7,547 barrels day, or 800
barrels above that of March. The
runs for April were the largest Of
the current year and only 317 bar
rels short of the average for April
1902. In March the runs of Penn
sylvania oil averaged S7,157 barrels
a day, which was a gain of 5,4Se
barrels day over February. The
runs for May a year ago averaged
1886 barrels day. The average
runs In 1902 were S5,e16 barrels
day, and the average for May falls
short ty 2,o7o barrels. Both March
and April were ahead of the aver.
age for 1902.
The shipment of Pennsylvania
oil were SS,251 barrels a day In
Nav, which represents a gain oil