The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-07-20
OIL wARKEr QUOTATIONS..
The Very Best NcUs in Weeks

The Very Best Ncns IN Weeks
The best news that has fil''rcd
through the prevailing rloom. com"s
from Washington where the inter
state commerce com mission has r'-
fused to include petroleum hId ~"
products In tho rate advances which
tg handed the state of Kansas on
the ground that its rates were
lower than Interstate commerce
rates. and did u on the ground that
petroleum products were paying
ratio aitogcthcr out Of proportion 20
tho value OF the commodity carried.
and hence omitted petroleum prod
ucis from the general raise OF
rates
correspondent at Springfield,
Mo. says that the manufacturers In
that vicinity are now going to pur-
chase and use fuel oil which can be
laid down at tl.65 per barrel. m"
cost Of the oil being 30 cents per
barrel. and the balance, or 3ll',
being for freight II would seem
that inaSmuch as the IN
dustry has been turned down IN
the matter Of tariff. that 1t ~
high time someone got busy ana
started "A big fight for better freight
rates, fro mtho Mid Continent field.
and especially to points east OF the
MissiESippi river.
There Ia but little consolation IN
the fact that a recent report made 1t
plain that an examiner Tor IN" IN
terstatc commerce commission hhu
reported to that body that the
minimum amount Of oil taken by u
pipe line should be reduced frou,
100000 barrels 10 10000, b'chur
II will not help the Mid Continent
field but little. only offering an op
portunity for the purchase OF crude
oil here by rcfluers In Pcunsyl
yania, Ohio and New York. liut II
would make vast difference II
there was rate established u
10 points east OF the Mississippi that
would allow refincrs to ship tht
excess output OF the rctincries tc
points outside OF the standard ol
Indiana territory.
when the last rate Increase OF ~
per cent, which mcSRs ono-th'r,
broadly speaking, put IN ct
feet. there was an Increase OF per
hans a third Of a cent from th'
Whiting indiana plant OF tn
Standard OIL company, to point
like Toledo or Cleveland, and thi
Increase was Immediately covered
by an increase In the tank wagol
market In towns thus affected
When this increase went into cHec'
II raised the rost OF shipping gal
lon OF gasoline TO these points n
much az ono cent a gallon and ther
was, therefore. three quarters pt
cent for the refincr In the Mid
Continent field to tbsorb twhic
means to lose out OF his own pocke
to use common exprossion). an
there was no corresponding increas
O. tank wagon price to take care O
h!s necessities. and he was left I
his own RESOURCES without a frirn
In the world to aid him,
There is bound to be lot O
price-cutting as long as this state o
affairs exis~s, because. dishones
marketers can buy, for Plttshurg
shipment. a car Of gasoline, and h,
fore IL reaches Kansas city nav
said car diverted to some polr
within the standard OF Indian
territory, or bona fide dealer
Ohio might be tempted to divert
cor to some point near the MIG
Continent field, knowing there
wider margin of protit Tor MN
THE short haul than In the long or
which the rcfiner has already al
sorbed the difference In frcigh
But, most OF all. with the price
fuel oil down to the lowest poti
known in the history of oil, and wit
a market awaiting II In the mani
featuring districts OF fhtshutg
there is no reason why the trclg
should be any higher than on co.
when, In fact, car or Goa lCah
shipped for less than halt II
money, and weighs nearly twice
much.
And right now, while the oil m'
are awake to tho necessity or 100
ing out for themselves and tho 1
dustry, n ~ a good time to get "A
ton, and get II quick The d
cision OF the interstate CONNER
commission In the Kansas ca
shows hat, while the value OF q
commodity handled is so low the
should he better ratos put In etfe'
and II Kansas why not In long hau
east ~ the Mississippi Preside
Harding Is reported 10 have walk
in Ola the interstate commerce cor
mission and told them plainy,
get busy. II is not likely that
would write another letter address
20 that great body aimed az I
independent oil operators and J
fincrs az he did when the tar
matter was up before congress.
is safe bet that he would not.
Another Producer in