Sistersville daily oil review. [volume] (Sistersville, W. Va.) 1902-1905, 1904-10-12
SEPTEMBER PIPE
LINE REPORT

were Tile heaviest VI Ihc year, says
the Derrick, they were less than
the. average runs and an increase
of about 400 barrels day was
registered in the pipe line stocks.
The runs showed a decline Of over
1000 barrels a day from August.
The Buckeye runs were the larg-
est Of the year and the shipments
were unusually heavy, but the
decrease in the net stocks was not
sufficient to overcome the gain
made in the stocks Of the Penn
sylvania oil. The total increase in
both sections of the producing re-
gions, however, did not exceed 500
barrels day.
Large gains in the pipe line
runs of Pennsylvania oil were re-
corded in August, and there was
also an increase in the shipments,
but the supply was much in ex-
cess of the demand and the re-
suit was another large gain In the
net stocks. Similar results occurr-
ed in the Trenton rock oil fields,
but the runs and shipments were
nearer together than in the Penn
sylvania oil districts and the in
crease in the stocks of Buckeye
oil was not so large. For the
past seven months the runs Of
Pennsylvania oil have been in ex-
cess of the shipments and the
stokes have been steadily accum-
ulating. At the close of Septem
mer the stocks of high grade oil
were greater than at the close OF
any month since September, l9O2.
Every month of the current year
since February has recorded a
gain in the net stocks.
There was a gain of 1885 bar
rels in the net stocks OF Pennsyl-
vania oil during September. ac-
companied by a decline in the
Lima oil stocks of 27,7Q3 barrels,
making the total increase for the
month 1862 barrels. During Au-
gust the increase in the net stocks
of both the Eastern and Trenton
rock oil districts was 443,8 bar
rels. While the Pennsylvania
stocks gained 297, 1924 barrels, the
stock of Lima oil was increased
AS. 999 barrels. In, July the gain
in the net stocks was 277,76O bar
rels. Of the total, the Pennsyl-
vania regions were responsible for
21S,272 barrels and the Buckeye
for 59,4SS barrels. During the
first nine months of the year the
PENNSYLVANIA stocks have made a
gain of 1,S39,754 barrels and the
Buckeye stocks have suffered
decline of 1864 barrels.
At the close Of 1902, the stocks
of Pennsylvania oil were 5,699,l2
barrels and the Buckeye stocks
were 1906, 42G. or a total Of 23,-
OO5,5 53 barrels. The Pennsylvania
stocks were reduced 1921, 294
barrels and the Buckeye 433,SSO
barrels during 1902, which was
an aggregate reduction of 49,
ia barrels, and the heaviest loss
since the termination of the shut
down movement in 1887. During
1903 there was a decline in the
net stocks of 3,043,717 barrels.
On September 80, 1904, the Penn
sylvania stocks amounted to g.,
662,774 and the Buckeye to IA,
51S,943 barrels. During the first
nine months of the current year
the stocks Of the two great di-
visions of the producing regions
have been increased ], 219,S bar
rels.
During September the pipe line
runs of Pennsylvania oil averaged
S5,645 barrels a day, which was
a decline of 2069 barrels from the
August average. The August runs
from the districts producing Penn
sylvania oil averaged S7,714 bar
rels a day. The gain over July
was 1869 barrels a day. In July
the runs averaged S3,445 barrels
from the average for June. For
September, 1908, the average runs
were $1,000 barrels.