The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1920-03-25
Bossier City Refinery
to Utilize All "Wastc''

shreveport IfMeH. ..0.
r. F. Yoakun. executive head and
moving spirit Of the Louisiana Petro-
leum Products Company. Is registered
ut the Youree. Mr.. YOaknm came to
Shreveport Saturday night. and will
spend several days here.s looking after
the construction Of the big refinery
that Is being built just across He'd
River from Shreveport. near Bossier
City.
Mr.. Yoakum stated last night that Il
large camp has been established Oh the
refinery site PREPARATORY to beginning
construction work as soon Us the ma
terial arrives. Forty carloads are now
rolling in the direction u Shreveport"
said Mr.. Yoakunl. and sixty more
will follow as fast as cars can be
secured In which to load it,
In speaking Of Shreveport and the
vast opportunities afforded ly its Oil
industry in building Il great city, Mr..
EYoakum said:
"A bart. of Louisiana crude. when
converted into finished products. ell
banceS its value from the crude price
to that Of gasoline. Kerosene and lul'ri-
cants. Every karrel Of oil that Shreve-
port can manufacture means several
dollars per barrel over tie crude price
that will accrue to the LEGAL business
of this city. Every refinery means a
! new and permanent industry. giving
employment and attracting outside
| fn npf
having the raw material shipped away
to he manufactured ut other places
into finished products. The finished
products of oil made III Shreveport
should reach every part of this
country: besides. all Europe is looking
to us for gasoline and lubricants.
Shreveport should reach out for It's
share of this lucrative business of
foreign countries and discourage vast
ing SO much wealth by burniny its low
gravity crude oil for fuel purposes.
| - 1t is an economic crime to burn the
most valuable contents Of an article
that is becoming of such Importance to
the economic life Of the nation. every
part of which can I've manufactured
into the highest grade Of commercial
products and sold in all markets OF
the world n
SubStantiating his statement with
reference to the value of the low grade
crude oil that is being produced In
North Louisiana. Mr.. Yoakum pointed
to specimens Of rubber lying on the
dresser Of his room. which. he declared
was made from the by-products secured
from oil produced within thirty miles
Of Shreveport. He showed rubber
shoe heel that was sn.asae trout Pins
Island crude. and har Of rubber III
inch square made from tile same m,,
terial.
Seventy per cent of that rubber.
said Mr.. Yaokunl lis made from what
remains of the oil after the gasoline
and lubricants have been extracted
Other refineries are now selling that
rubber is made for fuel. In othel
words. the best and most profitable
portion Of the oil is being burned. That
i'll my opinion. is nothing short Of Il,
economic crime. The best grade OF
rubber used In the manufacture of rail
coats. boots. automobile and heav!
truck tires. is made from Louisiana oil
and this oil Is found within almost +,
stones throw Of Shreveport
Mr.. YaOkum stated that the l.. II
and \. is constructing tracks ant
sidings to the refinery site. and it Il
expected to start the fires under still
by August 18th, and not later thai
the LIST of September.