Sistersville daily oil review. [volume] (Sistersville, W. Va.) 1902-1905, 1904-09-14
LINE RE-
PORT FOR AUGUST

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 eA-
cess Of the demand and the result
was another large gain in the net
stocks. Similar results occurred
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. Every month
of the current year since Febru-
airy has recorded gain in the net
stocks. The increase during Al
| gust was at the rate OF 5000 bar
rels a day.
In July the runs showed a de-
| cline while the shipments were in
creased, but there was still a
large excess of production over
consumption and stocks were
, increased at the rate Of 1000 bar
rels a day. In June the stocks
were increased at the rate of To-
600 barrels day, which was the
greatest gain for the year. The
runs of Pennsylvania oil for Au-
gust were the largest of any
month since June, 1903. The
Lima runs for the same month
were the greatest in over seven
years.
During August the increase in
the net stocks rlG tn the Eastern
and Trenton r,,t; oil districts
was Al. 1913 barrels. While the
PENNSYLVANIA stocks gained 291, :
S24 barrels the stock of Lima oil
was increased 1899 barrels. In
July the gain in the net stocks
VS. 277,76O barrels. Of the total,
the Pennsylvania regions were re-
sponsible for 21S,272 barrels and
| the Buckeye for 59,4SS barrels.
The increase in the net stocks
during June amounted to 602, 232
brrels, which was composed of
46O.227 barrels Pennsylvania and
165. 005 barrels of Lima oil. Dur
| ling the first eight months of the
year the Pennsylvania stocks
hive made a gain of 1877, 1S9 bar
rels and the Buckeye stocks
have suffered a decline of 591,-
991 barrels.
At the close of 1902, the stocks
of Pennsylvania oil were $685.
127 barrels and the Buckeye
stocks were 17,306,426. or a total
of 23,005,553 barrels. The Penn
sylvania stocks were reduced D.
I721.294 barrels during 1902.
which was an aggregate reduction
of AIS, ia barrels, and the heav-
lest loss since the termination of
the shutdown movement in 1887
lDuring 1903 there was decline
| in the net stocks of 3,O43, III bar,
rels. On August 81, 1904, the
| PENNSYLVANIA stocks amounted to
6.620,3SS mad the Buckeye to A.
546.647 barrels. During the first
eight months of the current year
the stocks of the two great Oh,
visions of the producing regions
have been increased 1,205. 1913 bar,
relS.
The August runs from the dis,
tricts producing Pennsylvania oil
averaged STA barrels a day
The gain over July was 1869 bar,
rels a day. In July the runs av-
eraged S3,445 barrels, which was
a drop of 1887 barrels from the
average of June. The average
daily runs for June were 1922
barrels. or 1879 barrels more
than the average for May. For
August. 1903. the average runs
were S2,202 barrels. The aver.
age runs in 1902 were S5,919 bar,
rels, and TO r1903, S3,379 barrels
a day.
The Pennsylvania oil ship,
ments for August were 1926 bar,
rels a day, a gain of 1.751 barrels
over July. The average for July
was 77,465 barrels a day, which
was an increase over June of t.,
643 barrels a day. The daily ship,