Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1915-02-07


as large productions are concerned.
| The man with a million barrels of ok
IN storage has an advantage over the
| man who has buy u few barrels per
day-fortune favored him. but he
should not be condemned. " he
should choose 20 sell hts oil for 20
cents per barrel and i'm doing 80 made
n legitimate profit, why not? The
oil il his: II ~ his business. II MT.
smith chooses TO give as q donation
10 The standard OH company tand
We all know they need 10 ono mil
hon barrels az oil, can any law COM
than u could prevent Mr.. Brown
from donating Il million bricks for
the construction of a building.
l. IL true laws may be enacted. but
do all OF them stand when 1t comes
to the test?
The general public would rejoice
If the price Of gasoline should de.
cline. to 3 cents per gallon and fuel
oil TO 10 cents per barrel.
The Consumers Rights
As between the producer and the
marketing concerns, the marketing
concerns are the consumers and the
law regulates the price at which the
producer must sell his oils AS be
tween the refiner and the general
public, the general public Is the con"
sumero Therefore, would 1t not be just
as sensible to compel the general
public TO pay no less than stipu-
lated price for gasoline. fuel oil, lu-
brlcat!ng oil or any other by-product?
II appears TO me that there are
many regulations far more important
TO the life of the industry than the
storing of oil or fixing the price at
which 1t must be soldo
Conservation of natural resources
Is all gight insofar as 1t prevents
waste. such as storing oil IN earthen
reservoirs or the useless waste of gas.
These things should be prohibited,
but 1t seems 1t is overstepping the
bounds OF reason to declare that the
storage of oil IN steel tanks Is waste.
The producers should formulate
some plan TO cope with the increase
of water troubles, and, If necessary,
draft a hill to be presented for enact
ment. This is more important. If
the pipe line rates are too high, 90
TO the bat and fight for their reduc-
tion. This is more important.
Opinion of Operators.
The general feeling existing with
the operators in the Cushing field is
that under the present conditions the
directors and officers Of oil COM
panies are useless factors insofar as
the important business of tho com
pany is concerned: that they are con
trolled and governed by the all alb
sorbing power of the corporation
commission. This fact does not pre-
sent so serious an aspect at the pres
I
ton commission. as it, is today, is
above reproCch. At the same time
we have no assurance that every cor
poratiUn commission In the future Will
be the same. 1t has happened, how
ever, that the interests which the oil
producers at large are opposing, ac-
cumulate more or less political power
at times and in this case were that
power eXerted to influence a corpo-
ration commission it would bring
about deplorable conditions and all
individual efforts would be in vain.
Destroy individual efforts and in
diVidual control and there would be
no competition; and without competi-
tion the life Of any industry will fail.
Destroys Labor.
Force the operator In the Gushing
field TO promote no more oil than
will accommodate the daily pipe line
facilities and the chief result will be
that hundreds of men will be deprived
of employment. thousands of dollars
will he withdrawn from circulation
and business generally will pay the
cost.
In my Judgment the life OF the
Gushing field is limited and Will not
he SO important a factor for 80 very
long, and it may be that never again
will such pool be discovered, but
this is merely a conjecture and just
as Unexpectedly as the Cushing pool
tomorrow may be the beginning Of
another And so II is to meet the fu-
ture probabilities as well as the pres
ent existing circumstances that laws
are enacted. but those laws should
not deprive man of his individual
rights and liberties upon which prin
ciple the constitution is built
w. II. GUIBERSON.