Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1919-02-23
Outi0ak Bright for
"The Wonder Liquid"

II In refreshing TO find that IN at
least one OF the trsnfs the plethora
OF conflicting opinions ~ 10 tho fu-
ture status Of the industry is not IN
evidence. Views as to the propapie
tendency In other markets are usu-
ally qualified by no end OF arFumenn
pro and con which show that tna
operators in these fields may be 90,
ting 4 lot OF talking on oin phase OF
the situation or other. but pone will
commit themselves TO any deiihitoo
course Of action.
Tho oil situation presents an on.
tirely different aspect. Officials ~
the oil compar.ss the leading organs
OF the trade and well informed OBJ
servcrs are unanimous IN their opin-
lon that the hcyday of oil Ia dawn
Ing. Al vASt a. were the activities
In this branch during the past Two
or three years, opinion has II that
mo activity will pail TO insigniftcaipce
AZ compared WfM t&Ne development
that Ia Forthcoming. Nor In this Ac-
tivity to be confined TO limiteo,
number OF years. for the plans OF tho
future are being laid with such avid.
ity that Il would almost seem that
the birth OF oil was announced when
peace broke out" During the past
four ana q half years Of trying strife
the re-ssta blishment OF peace has
been looked upon ~ 4 pre-eminent
boon 10 the oil trade. Instead OF
vcadjustment OF this point OF view,
a. has been the case OF many Indus
tries, deveiopments have been such
~ to smphAHise, the likelihood OF In
creased trade.
Not that oil has had . bad time OF
Il during mo war. On the contrary,
the trade has experienced prosperous
activity. due TO the extraordlnAr war
requirements OF ours and the allied
governments. That oil has received
Its benefits cannot be denied. II has
added TO the list OF uses for oil many
new and nnheard Of applications
which have practically developed In
10 standard requirements In other
limos Of activity. when favorable
mention % made Of tho outlook, do
ductionH are based upon elaborate
theories OF reconstruotion. No doubt
some Of these theories will develop
In practice and are worthy OF con-
alteration. but even the reconstruc-
ton boom. when put forth as a basis
Tor . favorable outlook, ID usually
qualified by the statement that an
Intermediary period OF rcadJustment
will prevail, Not 80 In the oil fields,
Tho future here is based upon the
general pent-up demand that now
prevails and the demand that should
logically develop along lines OF AK
pansion that are well laid out. while
there are cases OF NERVES" over the
cancellation OF war contracts by the
government. they are few and far
between. They can. theretare, be
almost entirely ignorg9 In our argu
mcnt In short, the soil trade does
not fear an ''era OF financial eau
uon" that Is prevalent in almost
every other industry,
In addition, the contrast to the
situation In other lines OF INDUSTRY Ia
pronounced In regard TO government
control Nothing would suit the oil
man. better than immediate and arbi
trary abolition OF all restrictions In
this direction. The consensus OF
opinion Ia towards tho view that
there would be an immediate revis-
ion OF prt0es upward. creating a wild
scramble. Although effort is being
expended toward bringing about this
condition government circles have
indicated that their policy will he
ono Of removing restrictions by de-
grecs. IA AN Indication OF the atti-
tude taken by the oil trade IN this
regard and also OF the supreme con q.
fidence in which the future Is fore
casted n writer in the Petroleum Age
says; at In better To sip our wine
a little AT n time. II is never good
10 Try 10 drink up the wine cellar at
a sitting. Also II In better bushes
10 spend a time picking the fruit
from a tree than Il Is to club the
branches or null the apples off with
a rake"
nv far tho hest harometer n, "a
turo conditions is obtained by OBJ