Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1912-01-07

ly the same ia IN 1905 amounting TO
+ itsl,li2 barrels, During 1910 the
increase IN tho production was great
or than the combined Increase during
tho two preceding years The amount
was 4,010,lt0 barrels. aud whom the
flnal figures arc complied showing
ils output during 1871 II win be found
that tho Mid-CoHtlnent cid has
maintained It's record, Since the year
lS0i every barrel OF Increased pro-
ductlon has been prodl.eed within
The state " oklahoma.
on ana NATURAL Resources OF okla
homu.
IN recent interview with Prot.
'hW.es ~. Gould, ex-state geologist
~ thc state ~ oklahoma, that gentle
man expressed hts firm belief that "a,
thc present time not one-third Of Ok
llhome'a petroleum resource had been
developed. ana only one-tenth Of the
natural gas. As proof Of his conf
denre and faith IA certain sections 4
the state, late last year the professor
resigned his office as state gcologlst
to embark iu the oil business, RiviDg
it h.s undivided attention
During The year 1900 the Appa-
laDh.au field prod.ocd 86,S95,433 bar-
rolls of petroleum the preatost guam
uty over taken IN one year from that
feld. During 1910 The production
tota.d 2fSgl379 barrels, total de-
crrlsc dmIug ten years Of 9.4O9,054
barrels
The Trenton rock oil fields Of ohio
and Indiana produced 24,6S9,1S4 bar
rels, during the year 1904. Six years
mtcr, 1910, the total production had
declined 10 7.253.SGl barrels, decline
durinr the above period of II, 435,-
323 barrels.
The production Of crude oil in the
gulf fields Of Texas and Louisiana
during the year 1905 reached total
Of 3G.52G,323 barrels. During the
year 1910 this production had de- |
clined to l5,O22, ,975 barrels, total |
decline during the five years Of 21,-
503,94S barrels.
Up to the year 1900 Russia was
the largest oil producing country in
the world, exceeding the amount pro-
Guced in the United States during the |
same period by over 1900 600 bar
rels, in marked contract during the |
year 1910 the United States produced
139,219,47l barrels more than was
produced by Russia.
During the year 1910 the United
States produced 9l,639,S40 barrels
more oil than was produced in all
foreign countries during the same
year
Practically every foreign oil field
is on the decline, with the exception
)f the Republi" of Mexico and Trini-
dad During the pats year crude oil
IN Russia has moro than doubled in
price. High prices Of fuel oil led to
'ailroads asking the government by
l petition to allow them to import i'm :
he neighborhood of approximately
rs 100000 pools of crude oil, duty
rec for consumption by the railroads.
twlthstanding a strong protest to
he government by the producers to
rant the railroads the request made,
he ministry appears to be in favor
f the petition and developments are !,
waited with keen interest.
The steady and unparalleled in .
rease in the consumption OF petro- :,
eum is causing the marketing con- !,
erns considerable worry. And why
ot? With an average yearly CON -.
truction OF 5000 miles Of steam rail
Dads in the United States, and the r.
expansion among the troll 4
' systems throughout the country, ,r
'hich means an increased consump- h
on of petroleum. With mines, mills ~
nd factories multiplying yearly, with Il
ne enormous increased number of ~
and motor boats in COM
lission each year. and the fact that
rships have become factor in the
assumption Of gasoline and lubri- II
ants, the consumption of crude oil 7
Y the marine crude oil engine Is to CO
o re"koned with, together with the lie
onderful industrial development in b.
he Canadian northwest and the tre- ca
endous increase in the tonnage on u
le great lakes and the high seas in
instantly calling for more and yet ne
ore oil. III
The question is pertinent and time te
From whence is the future supply pa
oil to come Who can answer? OIL
With each alternate year drafts W.
e made either on Illinois or Okla sI'
ma to meet the ever increasing
lde requirements. During the year OF
10. oklahoma was favored by the WI
concerns to the extent OF SO
1854 barrels Throughout the
st eleven months Of last year the Il'
serve supply Of surplus oil of the ue
inois grade was drawn on for T. HI
3, 749 barrels. If this custom is OBJ We
we'd during the coming year. with W
'reased trade requirements, drafts W.
q likely TO be made on the stocks Of
lahoma crude to the extent of full
double the Quantity absorbed dur GO,
, the year 1910 or 100000 bar an
$. This will result in an advance or
FORE the close Of the year to figure VIC
'ond the expectations of the most JoI