The Breckenridge news. (Cloverport, Ky.) 1876-1955, 1918-12-04
LAYS VICTORY TO OIL
The Producing and Refining Of
Oil Largely Contributory to
Winning the War

munitions, provisions OF all KIM, mu-
nitions and OIL
A knowledge of the enormous, mex
haustble resources of this vast, new
country, together with its marvellous
producing capacity gradually pene-
trated the intelligence of the German
people. 1t took the heart out of the
fight, Slapped their morale, destroyed
their hope of victory.
This fact just as surely as the fight
ing qualities of the American soldier,
shortened the war by many months at
least, perhaps years.
Victory for the Allies was made pos
sible at this early date largely on ac-
count of the immense producing ca
pacity, and financial responsibility Of
manufacturers and producers In the
United States.
The Making Of MiIlionaires.
The millionaires who have arisen In
this country from humble origin-of
obscure parentage-have materially
helped to seal the doom of inherited
autocracy.
John ID. Rockefeller stands out
prominently in the field of oil produc-
ton. But it is doubtful if he could grasp
even in Imagination the full extent to
which the production of oil was to
figure, not alone in the development
of American industry, but in determ-
lining world affairs.
Opportunities in Kentucky.
He pointed the wayne was the
pioneer-the first adventurer, and his
gains enormous, can scarcely be cal
culated.
1t Is not widely known, but here in
Kentucky there has been tremendous
production of oil, a fact that has been
taken advantage of by only a limited
humber of people.
Unlike the developments of the coal
and timber resources of the state, the
Oil industry has been financed in large
measure by Kentucky capital. Local
investors have made the Kentucky oil
fields possible and have shared cor
respondingly in the enormous profits
that have been made and are being
made daily in this field which is now
recognized as a leading undeveloped
oil territory in the United States.
More than $50 drilling outfits are
today operating in Sc counties in Ken
lucky. The first field of importance
was on Cow Creek, near Irvine, i'm Es-
Till county; here it was that the real
pioneers in the industry made the
first rich discovery. Next came the
development of the Zachariah pool
near Torrent, in which is situated the
famous Ashley farm for which it is
said Pat White received an offer of
five million dollars. The third field in
point of importance and far richer is
big Sinking" in Lee county. Here
real gushers have been found, some
producing as high as 1000 barrels
daily.
A Successful Company.
Among the pioneer companies in the
Kentucky Oil field is one that is per-
haps more largely responsible for the
development than any other is the
McCOmbs Producing Refining Com
pany, of which Abram Renick of Win
chester, KY, is president Mr.. Renick
has been long identified with the live
stock and agricultural industry i'm the
state, having been one time president
of the American Short Horn Breeders
Association, also president Of the Ped
igreed Live Stock Association of
America, cooperating with the execu.
tive management of the company un-
der the direction of Mr.. Renick. Mr..
j. G. McCOmbs, one of the recognized
successful Oil men of the county, has
had charge of the field operations.
The McCOmbs Oil Company is the
owner of properties on which there
arc more than so wells in the Irvine,
Zachariah and Big Sinking fields.
The McCOmbs Company has been
unusually lucky in striking oil in this
territory, particularly of late. A five
hundred barrel gusher being one of
their latest achievements. This, how
ever, is but one of so producing wells.
The McCombs people, however, go
al this matter in very practical kind
Of way.
They have already established or
rather bought refinery plant, fleet
of tank cars, and are evidently earn
est in their attempt to establish sta
be, permanent, tremendously profita-
BILE business.
To this end they have carefully Sc.
lected some definite proven territory,
and now control over 1900 acres.
spouting Automobiles.
1t has been humOrously remarked
that nothing Is an non-committal as
an oil well that isn't finished. A sphinx
Is garrulous beside It, But when II is
finished, 1t either goes on being quiet
or than ever, or 1t begins spouting au-
tomobiles, trips to Europe and large,
hobby mansions In New York.
Statistics show that so wells pro-
ducing 20 barrels per day will yield
$936.OOO per year. With over so pro-
ducing wells and a refinery In opera
finn fhara 10 no rdlu laft M, olo..or.