The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1917-07-27
NOTIFIED Of
PRESENT INADEQUATE PRICE
Of HEALDTON FIELD CRUDE

Conrovertng portion of the statement of A. Bedford
OF the Standard Oil Company Of New Jersey and
mission national Defense statement of facts with copies
Josephus Daniels secretary of the navy and Congressman
Charles d. Carter has been prepared with of establish
ing proof that Headton crude priced at figure below just
and reasonable return.
In part the statement follows:
The Healdton field is the most important oil field in south
ern Oklahoma having daily production at this time of ap
proxmatey 10000 barrels production greater than any
other two fields of Oklahoma combined and Oklahoma the
greatest oil producing state the Union Since the discovery
by the pipe line purchasing companies to the price paid for
oil The posted price today which has been in effect since
January 49, 1917 being ninety cents barrel while all other
oil the state has posted price of $7O per barrel and the
oils of North Texas selling from $17O barrel to 1925
per barrel.
Headton oil will average gravity 80 degrees Baume and
the reners who are using said OIL obtain herefrom by the
of the processes high thirty per cent of gasoline All
other oils in Oklahoma of higher grade than Headton
bringing premium ranging from ten cents barrel to
yfve cents per barrel above the posted price of $70 this
premium being usually paid by the Independent renefe and
the amount of premium being based upon the gasoline content
of hecrude purchased Cushing oil is bringing premium
this time of sevenve cents barrel above the posted price
of $170.
Advance in Labor and Supplies.
Since the price Of Headton crude posted at ninety
cents in January Of this year oil well pipe and casing and all
other oil well supplies have advanced npce than fifty
cent lease labor has advanced approximately thirty per
cent teams used in the oil field have advanced from So to 81
day. and at the above prices oil well supplies especial
y the necessary pipe and casing difficult to obtain and in
many instances is necessary to pay premium to spectators
in order to obtain it at all.
The Magnolia Petroleum Company the first company
to build pipe line and to purchase oil in the Headton field
For than years this company had complete monopo
y of the Healdon crude and posted grossly inadequate
price for The Texas Company has pipe line to
this field evidently considers Magnolia territory
follows the posted price of the Magnolia in the Head
ton field the follows the posted price of the Prairie
Oil Gas Company other parts of the state In other words
the Standard Oil subsidiaries post the price oil in Oklahoma
the in other parts of the United States and from the
above facts it will be seen that the posted price of Headton
oil exceedingly out of line compared to other oils produced
and sold Oklahoma Kansas and North Texas The posted
price of Headton oil should be at least $150 per barrel in
Of
like refnabe qualities.
The producers of oil in southern Oklahoma will yield first
place the question of patriotic duty and this letter
lis written to you in the spirit of patriotism with which
issued your statement of July % The producers of oil
cannot be expected to wildcat for additional supply of
oil under present conditions when the supply they already
have is being arbitrarily taken from them at price little
than half its value price that will not return to them the
expense of production taking the of wells and
the dry holes which drilled along with producing wells
This letter appeal to you, not only the chairman
the committee petroleum. but the president of the
n