The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1920-08-10
IN THE OIL FIELDS
Office, 6241 w. Fl. PECK Residence 2442
Residence 2442

I location OF the chief source Of our
supply renders the transportation OF
petroleum and its products OF tre-
mendous consequence TO tho people
In the industry. as well as TO the
public at large.
Among all tho industries appear
ing before you, the petroleum IN
dustry stands out by Itself, unique
and different.
More than one-half our traffic Il
probably two-thirds--ls handled by
companies tho great bulk OF whose
total transportation (that is. fully so
to 90 per cent? is handled by somo
other agency than that Of our rail
roads ono largo interest--thc stan
/ dard--haulB practically all their
crude by pipe line to strategic dis
| tributing places, points adjacent TO
Chicago, st. Bouis. Kansas city, New
orleans. Cleveland. Buffalo, New
| York. Philadelphia, etc; there these
| people refine the oil and ship out
on short hauls by rail. Others ship
their crudo by Pipe line TO ocean
ports. there refine the same. haul
tho refined by boat 10 other ocean
]
hauls.
"a sturdy. courageous. micccssful
group Of independent rcfinors has
grown UP during the past 10 years
in the mid-continent field. mon who
use tho railroads for the bulk Of
their hauls. This group ~ men has
rcvolutionizcd the petroleum indus
try, Ten or = years ago the amount
Of oil handled by Independent con-
Germs was not over 10 or 10 per
cent Today that amounts to over
e-third in the country ms n whole.
and probably one-half Of that I'm the
mid continent field Accompanying
this remarkable growth there has
developed several hundred independ-
ont oil jobblng companies operating
all over the United States Approx
imntely 400 OF these independent re-
fincrs and jobbers are filing this
brief with you today.
Petroleum is an exceptionally Mt
trnctlve commodity for the railroads
10 handle. We furnish tho cars nt|
less than cost; we furnish the ter
minal facilities; we load and unload;
and we furnish n car load to the
carriers, also revenue to the car
riors, greatly exceeding the average
from other traffic as n whole. The
value OF our commodity ls below
that OF the weighted average or car
lond traffic. our loss and damage
claims are nominal. Under the
present general level OF rates this
petroleum traffic is already contrib,
utins more than It's just proportion
OF the revenues OF the railroads.
There Is no more desirable or profit
able traffic handled by American
ill.,. a a. L.. q
petroleum and petroleum products.
III the advance in this case is put
on n flat amount In the cents per
hundred pounls, the independent
can go ahead on the same basis,
precisely the same relationship that
he has had In tho past. He will con
tinue to grow and prosper. Compe-
ition will get stronger and stronger
| In this industry.
But what would happen II this
advance today is put In on "A per-
centagc basis? At Indianapolis the
independent would have to absorb
| S29.04 on every car he shipped to
mat city In order to continue in bus-
mess and meet the price OF his COM
petitor, That is typical OF the great
bulk OF the country east of the Mis-
souri, river, At Chicago the inde-
nor car, ", po" Moi w. a'p 90 s"o'eo
I.o,,,s,ilio So, 20 Th fiV'oo, AZ
Tow raro cxco,,,o,.s t,5 az o,Iy a
G,,,, 'eae eNo.p.ions, Iihe the Twin
onr ,,ar rho ,o.,,,' a., an,sse .'uay u
COS, -, hi, a. '''.' @ sou so 70 we
ma, 30 n'a,ips., 49,. ',,,',''., i'o'u ,ie
ro,,os '' "N' ''"' "''p'''' po-
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dor an,si1o,.,',I1 was un-
ctaI, -. 49,. 1', w, S'"nunIu otIi-
no,i,, ,'ta,,o, ,' ,,' u,soussloh, II
30 a. tnd',,,',,, W. Wy V"i 'eSt po'i'ioh
ohtont,,r ,n ~ u,s, l's a.'u oite'eG no
,yas Observation-Disclosures, nv c"so' ih,S
minded annroSi,,tn,, ',,,v' ~ ,, ".uau-
rarely found an,nng hnsipana iv s's"a..un 'I
They Welded on tho solo rrounas