The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1921-06-06
MEXICAN IMPORTS
INTO j. s. DOUBLE
PAST FISCAL YEAR

That the Generalization OF the
United States oil market because Of
Mexican importation is becoming great.
er and will so continue unless some
government action is taken to pro.
hibt it, is evidenced by perusal of O
statement recently Issued by the Ma
tional City Bank Of New York and
which gives figures which show that
petroleum imports in the United States
in the fiscal year ending with this
month will be nearly twice as much
as that Of any earlier year. The state.
nent reads as follows;
Petroleum imports into the United
States in the fiscal year which ends
with this month will be nearly twice
that of any earlier year, notwithstand.
ing the enormous production Of our
own oilfields The total quantity 81
petroleum imported in the fiscal year
1921 into this country, which itself pro.
duces two-thirds of the oil of the world
will be nearly 100000 900 gallons
against about 1000 000,0 600 in 1920, ap.
proximately 2000000,000 in 1919, IN
billion in 1916, and 100000, 900 in
1917
The rapid growth Of imports Of pc.
trolsun into a country which produces
more than two-thirds OF the mineral oil
Of the world says q statement by the
National City Bank of New York, Il.
lustrates the growing disposition Of
world Industries and commerce to
move the natural products TO points
having best facilities for transforming
them into condition for the use of
man. Prior to 1912, this country with
production and therefore refining fact.
hties three times as great as that of
any other country in the world import.
ed less than 100000 900 gallons Of petro.
ieuin per annum from other countries
then, in 1912, with the development of
production in Mexico OF crude petro.
leum which annually moved to the
nearest trade center In Which 1t could
be put into marketable form and
thence distributed 10 the consuming
world, We imported, chiefly from
Mexico, 150,00O000 gallons as against
an average of 10000 900 gallons u year
prior TO that time. In 1913 our i'm.
ports jumped from l50,OO0,0OO gallons
TO 100000, 900 gallons Of crude oil. In
1914 10000 600, in 1916 $40. 600, 900. in
1917 they passed the billion gallon line.
and were 1.3 billions in 1918. nearly
. coo 900 900 in 1919, over . 3.4 billions
In 1920, and in the fiscal year 1921
win approximate a 3.4 billion gallons,
and probably touch the 5000. 600 900
gallon line by the end Of the current
calendar year.
These figures relate to crude oil
imported, but meantime there has been
proportionate growth in importation
Of the manufactured article, the total
quantity of refined petroleum in all
forms imported having grown from
100000 gallons in 1919 to S? 900 600
In 1920, and will approximate l25, 900.
900 gallons In the fiscal year which
ends with this month. Most Of this
enormous importation comes of course
from Mexico, or the crude oil import.
ed in the ten months of this fiscal
year for WHICH figures are now avail.
able, 4,19l 900 Q00 gallons came from
Mexico and less than half million
gallons from all other countries.
practically all of the oil imported
from Mexico comes by tank steamer,
the quantity imported by rail being
extremely small. About one.thlrd of
the crude petroleum entering the
United States from Mexico enters at
the gulf ports OF Galveston. Sabine,
end New Orleans. while most of the
remaining twothirds passes through
the Gulf northward to Baltimore. Phil.
adelphia and New York. The latest
available figures of the importation By
ports are those OF the calendar year
1919, and show $4,000 900 gallons en-.
ter1ng at the port Of New York. 2oy.
600 900 at Baltimore. 10000. 900 at
Philadelphia. sso,ooo,ooo ut New Or.