The Holbrook news., 1920-07-23
REGULATING TIE SUPPLY TO FORCE DEMAND.

The Standard Oil has addressed letter to the news papers of the southwest endeavong to clear itself of the many charges of extoron by manipulating the supply that boost in price may slip by-and claim excuse therefor an underproducton.
 Exporting gasoline to create an artificial shortage by the Standard Oil is copycatting the wiley Jap that was
 arrested last year for destroying vegetables totrenghen the demand by diminishing the supply.
 few months ago the Corporation Commission of California temporary fit of righteousness, dared to question the right of the Standard Oil Company to raise the price for gasoline and asked that company for state showing that increase in price necessary in order to give the company fair profit So far the public know the commission never received the statement
 The production of crude oil is tte if any, below the peak of production at any time in the past Probably right now it is higher
 It is also true that ample gasoline is produced the Pacific Coast to supply the needs of the coast without shipping Texas oil to the home of the Standards big nery to fill demand occasoned by export in the face of shortage advertised and predicted by the Standard.
 Oil is natural resource of the country. All reason able should be offered to corporations and individuals to develop the of the country for of the people in the country producing and at fair profit to the operators, and any surplus remaining after the needs of the home market supplied should be available for development of foreign markets
 By recognizing this principle the Standard Oil Com pany could have protected from any shortage and relieve the shortage right by stopping export but it is not satisfied with fair profit and is deliberately ing this shortage in order to prepare the people for rise in price.
 Arizona motorists say they are shipping their cars back to Arizona from California escape the ravsh of outlandsh prices inflicted upon tourists through the medium of the gas famine One tourist said he plac ed no credence the report from oil circles that the squeeze was justiabe. He said that it the and accepted opinion that gasoline will advance in Cafor mia August which date the gas shortage framed will be ended. He also said that it the common opinion that there large storage of oil refused the small dealer in endeavor to drive him from the field
 The rise in price, which will prove the laxative for the present distressed market advertised to take place on August st in California and at that time the citizens of Arizona who paying from 40 to soc for gas will notice perceptble shortage, for the increased price will then prevail at the base of suppyin other words the California consumer will get his in the way of shake down-and the remote districts will experience al second jolt.
 Since the Standard put its experts to the job of blaming the shortage at Corrinto Nicaragua 6000ton freghter discharged entire cargo of gasoine at Balboa Panama, 8000-ton ship loaded with gas one discharged and many cargoes have crossed to the orient in the manufacture of the framed shortage
 The Standard, in its bulletin released next Monday will give comprehensive diagnosis of the particular ills from which the poor thing is suffering.
 This document will state that the company has done heroic workn saving the dear deuded public gas famine It will set forth clearly why gasoline prices long and the supply short and that the company warned the public months ago that it going up.
 The in California to the Arizona level will equal the market and bring better times the incidenty put the octroi of the Standard a consistent basis.