The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1917-09-22

the competitors of the Standard Oil com |
pany is to straighten out the statistical !
dope" that President Bedford Of the /
Standard hands out, and that, largely !
through him and the publications that |
print and analyZe Standard Oil pipe line |
statements, gets TO the governments |
bureaus and is generally ac-
cepted as dependable. Based on these |
statements, President Bedford-and in
cdentally Chairman Bedford-tells us
quite publicly that the United States is !
consuming 550O000O barrels more crude
oil than we are producing Based also
on these statements a government Off
cial tells us quite publicly and seriously
that the stocks of crude oil i'm the United
States will be wiped out in three years.
After stating, incidentally that of the
1G2000,0OO barrels Of crude oil held in
storage in the United States on August
l, 1917, the Standard Oil company owns
119,999,OOO barrels, / will unscramble
.the Standards pipe line statistics.
Facts Are Known
We know where all the trunk pipe
lines begin and end, where all the stor.
age tanks are located and approximately
how much crude oil they contain. We
also know where ali the crude oil Of the
United States is produced, whom by and
about what disposition is made Of it.
Beginning with these three controlling
facts, any practical pipe line and storage
tank man and any practical producer
who has operated from coast to coast
can follow the crude oil from the wells
through the pipe lines to refneries and
storage tanks and figure out the approx.
innate totals \ competent statistical
man can compile runs, shipments and
stocks, as given out by the pipe lines,
and by simple analysis and a personal
knowledge of lines. tanks and produc.
Ilnn- furnish reasonably accurate to-
tai. That the hundreds of government
employees and agents employed TO do it's
statistical work do not furnish such a
reasonably accurate report about petrol.
cum is accounted for by the fact that
not being practical oil men in ans ca
pacity. they do not know what the data
they secure means. Furthermore. each
group OF these government workers acts
Independently of every other group re-
suiting nj a great mass Of uncorelated.
unanalyzed and meaningless figures. To
Illustrate. these agents seem 10 lack the
ability 10 comprehend the great produc-
ton of Oklahoma. Kansas. Texas and
Louisiana crude oil compared with the
relatively small production of Illinois.
Kentucky, Ohio. Indiana. West Virginia
and Pennsylvania. They seem to lack
the ability to follow the shipments Of
crude from the four western states to
eastern refneries. 10y pipe line and water
and rail. and to separate the duplica-
tions that appear in the pipe line state.
ments.
Little Going to Storage
In July the runs from all wells IN Vii
nois West Virginia. Pennsylvania. Ohio
Indiana. Kentucky and New York to-
tailed }ll3.593 barrels a daily average
Of lO043S barrels We know. as well as
We know anything. that every barrel Of
crude oil produced Inv the eastern states
is run into the pipe lines and used by
the rchneries regularly, with none OF
iany consequence going into storage
| During tine same period the pipe lines
east of the Mississippi river reported
shipments of 5,015.4OS barrels. daily
average OF l63722 barrels. Shipments
through these eastern lines. we find eX
ceeded the runs from wells by lgCl.Sl5
barrels. or "a daily average Of 63.eS4 bar
rels We also learn. from the pipe line
statements, that what is called eastern
| pipe line stocks have stood at approx
mately 10000 O0O barrels for several
| years. scarcely varying These stocks
are kept stationary by crude piped from
Oklahoma and Kansas.
IN July pipe line runs from wells IN
IOEDhoma and Kansas were approx
mately 100000 barrels and shipment,
The Prairie Pipe Line company handled
! i,746,S57 barrels Of the total. or 157.22S
barrels "a day An OF this crude went
to Standard oil refinerics from Neodosha
Kan. to Bayunne near New York Tn,
Standard pipe line reports fail 20 show
that this oklahoma crude. after being
listed as Oklahoma.kansas shipments
Is transferred to the Standards variou,
eastern lines and again listed as ship
meuts boy the receiving lines-the sam,
lrude oil run from Oklahoma wells int,
the Prairie lines and started on It's east
ern movement
l. Not Actual Oil
As showed above about 100000 bar
rels of crude reported as eastern pip,
line shipments is merely duplication
lof shipment figures and not actual oil
July was an exceptionally big month IL
crude oil shipments. the totals havinl
been the largest ever reported. Mallinl
loue allowance for smaller shipment,
during preceding months for a year. w,
find that the July average OF SO 1854 bar
rels of duplicated shipments woult
mean in twelve months 23.09S.66O bar
lrels-t the same oil reported twice. Thes,
are the figures from which Presiden
Bedford secured his $4,000 OOO barrels
that consumption exceeded production
SubtBcting the 100000 barrels OF du
lplication from the alleged excess leave,
approximately l2OO0OOO barrels of ac
tual OH shipped In excess OF actual oi
run from the wells.
| Using a slightly more liberal compiln
tion tairly accurate reports of runs am,
shipments for the first six months o
1917, We lind that production eNceede,
that ot the first six months OF 1916 b,
Il H.a.t