The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1920-10-14
u UorkiRg out Good

The predictions made in this col
umn az to conditions with the now
freight rates iu effect arc working
out true 10 form and even the
weather Is living up to the prpghos-
tioHtions made by weather sharpS
and repealed here, all OF when goes
! 10 prove q little common sense II az
that Us necessary 10 see throhEh anu
io understand exactly what did
llapprn under given conditions.
That the rainfall this yeas had cN-
ccndcd the average and hence IA dry
| fail could boz expected was Ouly tol-
| lowing tho law OF averages and when
Ithe freight rates were raised TO "A
prohibitiye basis IL was equally owl
1 den, that there would bo much
trouble ln store Ior refincrs VINO
hnvo led the way in price making
in oklahoma just as they yestetday
forced "A raise In Somcrsct Ken
tucky crude oil by paying a
premium.
And now comes tho "diplomnt" for
the Stnuafd Of Indiaua VINO az %
visa the rCfiuors Of the nldconii-
ncnt field. Mr.. Lakin, with somo
timely advice to the said retlncrs
and IA evidently pnssing the buck
when he says thoy must cut the
price they are paying Tor high grace
crude. Mr.. Ilkin should Coniino his
cfforts'tU directing the policy OF the
/ standard OIL company ut lndlhna
who doubtless vnluo his opinions
very highly. lie need no worry apou'
| the independent fellow M that gen
! tleman has had enough experience
to know when to take to cover ana
has a market Just now with tho tN-
porters that bids fair to keep MIN
going at least on half time until the
| freight rates are suspended ny tho
Interstate commerce commission ~
the request not only OF the reflnert
! but OF the railroads as well. The lat
ter are suffering tremendously by
roason of tho advance in rates
| handed AT them at the request oi
the pipelines and In the meantime II
anyone wants to cut the price Oh
crude everybody here will know Just
who Is To blame.
II seens n shame, however, thht
the entire business OF producing OF
| IL getting into the hands or tht
latest branch Of the monopoly, the
| Percy Rockefeller concern, operat-
| ing as the Union OIL company oi
Delaware, hut nevertheless 1t IL
doubtless n fact that the Philips Pc
troleum company IN already largeiN
dominated by this concern and no"
comes the report that the Phihp'
Petroleum is going to fake over al
the other "maior" producing com
panieg In the midcontinent Held. Thi'
is the information carried In th'
Wall Street journal. duly copy
righted and written by Prentic'
Moore. which confirms absolutel
tho predictions made In this col
umn when the Union OF Dclawar
first began operations here.
. Mr.. Moore's predictions workin
} on the same principle as nccorde
, the predictions made by the weathe
burenu, namely the law or aver
ages, should work ourt and he
due to-une good big scoop, not hav
ling been right In so many lon
months 80 that now his prediction
ms to the combination of the Philip
Petroleum, tho White OH corpora
ton, Skelly OH company. and 10
of others.
In the meantime, there are fey
OF the boys that are not combining
with anybody, who enjoy being inde
pendent and who are trying to pro
duce and refine oil and make goo
fair living out OF II, and 80 MI
| lRockcfellcr and his big concern
very welcome here, should he hap
pen TO take over everything there
loose, and from the present appear
lnnces there will be considerahl
stuff on the market unless freiRh
rates arc ro,nedied. There Will III
hy the way. some competition froi
the English, unless all signs fall.