The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1919-07-06
Had Good Effcct

The story ts FOO ln, pusHh." men
hr. TO the price. IH written h' li'M
us. Moore. 300 Saturday morning
World on account uf mo s,.u1.|'h
A. uurEburnrtt. has had lt lr'N. 'N'
,frori ~ bringing about oundII"'.
that will remedy thr situation '
opre md N there hls been 'n'
menace io the price on n''"uN' e..
,he man. narrow strip being dc'r'.
oped at Hurkhurnctt, % viii w'EhN
,6on be hing Of the past
There Will be better market ron
uurkburncu crude before nnoih''
Wesk and I'm the meantime moro t'n
be no harm done ~ things are
preiiy well tied up fur lack of lfhuH
pnrlntion and " anyone lhInkH ne
can upset tho market by buying ''
A low price he will find ihai Trans.
portAtion facilities are NOR" con
restcd than they were last week ann
will be even more congcH'cd aH pc
farmers wheat WHICH takes w'rc
dence over oil aud every thing else.
begins 10 move.
The great trouble with Texas Do
that. ns a rule, production is over
estimated and but mighty lNlo F."
.aId about tho great decline iu whu
.ATn term N1 EhHlNfNN HlN A''fN+r'H
even now pipe lines nrr complain
Inc OF a lack OF oil 10 fl their lines
The Prairie has 40 900 barrels ca
pacity. or will have shortly Sin.
clair can handle 10000 and has been
flulng stoiagr tanks for a few weeks
and Ia In operation today with the
new pipe lines: and the our and
Texas are both hustllng for oil for
their lines to tho gulf coast The
latter Ia doing little IN oklahoma ana
ls well prepared ~ handle a lot oi
the high grade oil from north Texas
The Magnolia has overlooked i's
opportunltior In the nutk burnett die.
trict 10 a remarkable degree, having
been on the ground all the time and
until the Burk waggoner well was
completed In the nOrthweet cNien.
sion. apparently thought that the
Burkburnett pool would be confined
10 the townsite and tho little oNten'
slon toward tho west, represented ~
the Me Man and tulliland holdings
Nor were the Magnolia people
alone nj fault other pipe lines have
been equally negligent and, In th'
meantime Il has been heTalded TAI
and wide that the Rurkbutnctt field
was the only real oil field In TeNai
having plenty OF sand and at a rca
sonable depth. And now Il appear
to be likely to be shut down 80 "a
as the northwest extension Ia con
oerned. on account OF the coplro
yeray between the states Of Okla
homa and Texas In regard 10 IN
state line.
Both states arc claiming All M
acreage IN The northwest incudinl
such we'll known production ne M
TeNaA chief with its bis well hu
even II no controversy should DC
Velop there H. too little ~ II an
n covers too utlle territory to ups'
the market in the onlire midconii
nent field. and this IN tho conScnru
of opinion ot mon who are wllllu
10 gamble on their Judgment M q
any amount
Bvt. A. said AZ the start. this stor
As "a the price Of OH at Burkhuucl
will have a good effect There vi
he something doing and that Hooi
It Ia a condition that no law ca
remedy. although there rs every cy
dence that the state is about 60 TAX
a hand In the game
II would he pleasing To- many wer
there any particular menace To- m
situation. but there n certainly non
and the worse seldom happens an,
how
An this brings 10 mind tho n,
; 'hh July I was tp SEE a cut
the tack wagon price n fho N0 40
territory, according to many OF N
wise proEnoeticatorS hut one hiI
h certain. and that A~itrfalicd
ma.erialise
In the meantime. there is. vii
better weather. a stronger mark
than has been In evidence Tor tv
months, and it will continue 90 y
better just A. long ~ tho SUNNI
IaHts. and hy tho first ~ August gas
line will be- about mo hardest con
modify To purchase ot amy uf Oh
products of oil
Every markctcr and rcfncr