The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1918-07-03
O [ l.
Letting Well Enough Alone.

Tulsa World: Apparently it die
not take A. Clare Bedford long aft
er receiving report on the Chicago
conference, to come to the conclu
sion that there must be no undue
interference with the oil business
He apparently believes, as do mos
other men with big minds, that any
sort of interference will certainly
hurt somebodyand nobody should
be hurt when everybody is needed
to hit the ball and keep the oil wells
flowing.
\ Mr.. Bedford's ability to think
CLEARLY looms larger as each day goes
+. by. 1t contrasts favorably with the
minor officials of various companies
doing business in the West.
Mr.. Requa has frequently stated
that the oil business was going to
be left alont and allowed to adjust
itself if possible. 1t has been taking
care OF itself and doing a good job
at that. 1t is what is being done to
it that causes unrest and diSsatis-
faction.
The most trivial happenings, such
as occur in every industry every
day, and such as would receive no
notice in normal times, are exag-
gerated so that they appear as OF
great magnitude. The oil admins
traitor when appealed to by someone
who is not getting oil for new re-
hnery should not take the subject
100 seriously nor as just cause for
regulating" the business.
There is tremendous amount of
oil in storage-oil that was stored
against the day when there should
be shortage. The time to sell is
now. Anyone of the new pools that
are showing would under ordinary
circumstances, break the market and
leave the owners OF the storage oil
TO hold the sack.
There are two new pools in sight
that may equal the Glen Pool or
Gushing before the snow flies. They
are located at Ranger in Texas and
in Stevens County, Oklahoma. Pipe
lines are making rapid progress and
will soon connect up with both.
Then there will be enough oil to go
around and a surplus for all the in
dependent rehnerieS, just as there
was in the days OF the Gushing field.
This is not dream but a reality
and can easily be Substantiated by
the most ardent advocate OF gov
ernment control.
The committee on production held
at the conference in Chicago last
week that there was a congestion
of refneries.' If so, it ought not to
be difficult to discriminate between
those who have recently begun on
money mostly taken in by stock .
sales.
If things are let alone, the new
rehner without tank cars or pro-
duction, or without business expert
ence or reputation Tor integrity
is bound to be LETT in the discard
when it comes to a hard fight for
crude or until the new pools men
toned above are in full swing.
If he cannot pay for his oil he
should not ask Mr. Requa or anyone
else connected with the government
TO advance the price or the working
capital for his business. He, IN
most cases. has not provided for a
contingency that has now arisen OF
for situation that has come to
petition he is getting but by reason
OF his own lack OF foresight.
Mr.. Requa should not be both
cred with hi, complaints, nor should
the government advance money to a
Iefner unless there is excellent rea-
sons for doing SO, and until some
pass, not by any reason OF the com
one connected with the administra-
ton is willing to take thi, view of
things and stick to 1t. Just As Mr.. I
Bedford ha, stated, TO stimulate
the maximum production OF crude
and insure all rchnerieS. both large
and small that their supply OF crude
in relation to the quantity available
ls a whole, shall not suffer diminu
ion" This is the object OF the OIL
division. He might have added "as
ong as they have the money to pay
Tor it and as long as there are tank I
,ars and a. long, more than all, aS /
here Is a lot OF oil in storage
There Is going to be no interfer-