The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1920-11-16
Texas Refiners Up Against il.

The refiucrs In Texas are certainly
up against the real thing, having
bcen shut in by the excessive freight
rates and with local prices rcp.dly
declining.
Many of them have been able To
get an outlet for good share oi
thcir refined stuft oNcr iu Louisiana,
Arkansas and Miss.ssippi but as an
nouuCcd IN The world yesterday this
market is now down one cent hy rou-
-u OF n 60 iu price made boy the
standard OF Louisiana. The worst ut
ID IL the rcfincrs are having 20 stand
tor lot Of pumn.i'y that is well cal
Culattd to drive each and every Uua
of them mad dogs
This WAS all forcaster at the time
tho freight rates were put 80 high as
90 keep Mid-Contincnt refiuors aud
Texas refincrs In particular out Of
much promising territory and the
chances are that II viii bring about
"a radical change IN freight rates az
every body is going 30 see something
happen that VIII make the pipe line
people, who were responsible for the
ssid freight rates, exceedingly un-
happy.
II Is also "a matter Of great in
tcrcst that the Standard W New Jer-
scy has cut the price of gasoline and
,his will be news that ~ well cal
culdtcd to drive the manufacturers
OF automobiles absolutely insane. II
comes on the heels OF lot of pub
licity that has been credited to Presi-
dent Walter Teagle OF the Standard
OF New Jersey which was To the
eject that the shortage OF gasoline
was SO acute Az to make 1t obligatory
on everybody 10 drive small curs
and automobile manufactures claim
that this propaganda turned many
thousand cars back on their hands
hat would have otherwise gone to
purchasers of high priced motors.
And now the wise ones who know
it all are declaring that the Standard
Of Indiana ~ going to follow suit
and cut the price in the IL states
controlled by them and yet this nsiy
all be a wild guess because the
Standard OF Indiana is an unusually
clever Organization and knows IL TO
II fare-you-well that when once
price cutting begins there will be no
telling whore 1t Will end. They can
readily understand that no more
gasolAe will be sold as it Il a ady
he cheapest commodity there is any
where in standard OF Indiana ter
ritOry.
But in the meantime there are a
few things that point to n decline In
the glarket, one Of which Is the fact
that one of the Standard subsidiaries
has been ofer!ng gasoiine cheaper
than any sold by any refiner this
side of Texas, whore OF course, the
freight rate Is prohibitive. This will
al! come out in due time and the
people will understand where the
blame lies and will further realize
that rofiners who have paid big pre-
miums IN the Continent have
Kept the price of crude and refined
high and moro - line with eastern
crude than ever known In the his
tory of the oil game.
But reverting to the subject Of
publicity, there Is an expert writer
whose dope Is published monthly in
he ~etrnleum Magazine and whose
home \ I'm Baltimore. who. in sizing
| up the situation In the last humber
! Of his magazine, refers 10 the fac,
that the coal strike which has been
- In England was a great factor in
the situation and should be credited
with the great decline I'm prices Of
petroleum and think Of Il. he re-
/ peats this false statement dozen
iAHeG In one-page article and his
/ paper has no better judgment than
/ 10 print this kind Of stuff.