The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-11-13
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The Situation
The Outlook as IT Is N0U

The outlook since the advent OF
two. dollar oil IL SO much improved
that many Of the oil men are so OPP
tlmIstic es to believe that now II the
time 10 put on a big drilling cam
paiEn when the fact is that right
now is a mighty good time TO re-
duce the Indebtedness to the bbuk
and 20 wait until we have four dollar
oil before undertaking anything in
The way ot wildcat drilling opera
tions or even where there In an off
sci 90 urge tho driller on.
Things are much brighter and
among the blessings which the oil
man can coupA for his own IL the
fact that the ~ concern across the
Atlantic namtlN the Royal Dutch
Shell has decided to- get into the
game In oklahoma while the getting
il good rather than to develop con-
cesslons already owned by them In
the various parts Of the world where
biologists claim there Is IA chance
for OIL
Il viii assure better value for
lease holdings and perhaps some day
the Dutch She'll with its big pipeline
70 St Louis and beyond, may begin
buying oil In all the various fields
Of Oklahoma and this will bring
about some genuine competition
such as will delight the heart OF the
oil producer. The Dutch Shell peo-
ple have never hurt the industry in
Oklahoma and the chances are
mighty good that they never will.
Their coming now at this time with
q world OF fresh capital is certainly
a good thing for the Mid-Continent.
The railroad situation. as far as
long distance hauls are concerned
has not improved with the meeting
Of the executives which has been
held al st. Louis during the past
week but another meeting has been
called i'm New York at sometime later
on and it all means that II tho inde-
pendent refiners of the Mid-Contin-
ent field are TO have a better freight
rate II IL up TO them TO start some-
thing and do II now. The railroads
have been promising long enough
and unless the reflners begin action
before the Interstate Commerce
commission for better rates on long
distance hauls and for rate on fuel
that is somewhere near the rate on
coal, there will be no one but them
selves to blame.
undercu,rent OF sentiment among
IRE hest oil producers here in favor
Of the organization of an oil men
association, something similar to the
Jndependent Producers agency IN
California which was staked by the
Union OIL company to the ext'y or
s5 600 600 which went To bui'd
pipeline and which has kept open
market for the oil producer during
all these years OF depression. SUP
s,antial oil men who have the inter
ost Of the fraternity at heart, sucn
as John Griffin w. q. Skelly. John
Markham. lr., and n great number OF
The Younger and more progressive
oil producers are strong Tor some
thing like this and certainly they are
fully able to put over anything tha'
IL for the welfare OF the community
The association AS II slands
doubtless to be credited with having
nrevented the pacific from ADOPTING
a gravity system OF buying oil a.
the commltte appointed hy the Mld'
Continent association was strons
one and went into the matter
thoroughly. IT shows what can D,
done by concerted action and ough'
10 lead the way for greater activity
IN affairs pertaining 10 the welfare
Of the oil men. What Is needed II
young blood and men who nave
energy and the nerve to back up my
course of action that may be decldeo
upon and doubtless a canvass OF TN,
situation would bring In many gooc
men who have not been at all active
In the affairs of tho big Association
as Il stands now.
The Independent refiner since th'
advance In the tank wagon marke
Is IN a position TO break even In tn'
| refining game. and this with tn'
| strong market Tor refined producu
which Is taking oil the oil ana gaso
| line that would ordinarily 60 int
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