The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1921-08-26
AMERICAN FIELDS
EXCEED FIGURES
FOR ALL MARKETS
Export and Import De.
mands Below Supplies
Available.
NE RATE HIGH
All Standard Oils Have the
Same Tendency This
Year.

According to the American Pc
,roIeum Institutes analysis Of COM
pIete oficiaI petroleum statistics for
juno, 1921, there was an excess OF
Domestic production and imports
over the indicated consumption, in
Guiding exports. amounting to g.
gI5ss barrels for the month. or at
an annual rate OF 1o1,i26,90o bar
relss- In May. 1891, the excess was
I2;rr.,111 barrels, or at an annual
rata of 142.61O.245 barrels. and in
June, 1920. the excess was 2.40O,3Sl
barrels, or at the annual rate OF
l9,2S4,392 barrels.
The annual rate of excess pro-
Juction over consumption of pc
Eroleun east of the Rockies was
7S,97S,675 barrels in June; 100,927.-
.45 barrels in May, and 42.237,S6i
barrels in June, 1920. In California
lhsy annual rate OF excess produc-
tionr.in June was 24.150.225 barrels
and in May 4l,6SS,000 barrels. In
June, 1890, there was an excess OF
consumption over production In
California at the annual rate of H.
g58s473 barrels.
Indicated Home Consumption.
Exports of all petroleum to for
eign territories of the United
States totaIed 5.:29.S03 barrels in
June, 4.S92,174 barrels in May and
6,3s5,52S barrels in juno. 1920. Fuel
oil laden on vessels engaged in
foreign trade amounted to 2.77s,33s
barrels in June, 2,001,32e barrels in
May and 2,857.42O barrels in June
1890. The indicated domestic con-
sumption OF petroleum was S4.565,-
B14s barrels in June. 32.414,24S bar
reIs in May and 34.655,237 barrels
in June, 1920. The excess of domes-
tic production over the indicated
domestic consumption was 5S39.5SG
barrels in June, s,63s,157 barrels in
May and 2,29o,763 barrels in June
1879.
Domestic production Of crude oil
totaIed 4o,405, 900 barrels. a daily
average Of 1.346,S33 barrels, in June
compared with 42,O43.0oO barrels, {
daily average of 1921, 533 barrels
in,lJune, 1920. There were 1.47I
producing oil wells completed in
June, against 1.4O5 in May and 2.
2ye-in June. 1920. Producing OF
~sus completed east of the Rockies
inI5une totaled 1894; in May, 1874
aad in June, 1920, 2,214.
imports of all oil into the United
states in June totaled 10,4S0.25'
barrels, a daily average OF 349,34:
barrels; in May 9,376,S5O barrels
a.daiIy average of 303.47s barrels
iHi June. 1890, s,562,51S barrels, :
d4ily average of 2S5.417 barrels.
!. Crude OIL Stocks.
sIipeIine and tank farm crude OF
sGcks as of June so, 1921, totaleC
iGt3OS, geo barrels. an increase OF
$4,000 barrels over stocks at tn,
IA of May; while May stocks in
ci4ased S.53s0O0 barrels over tn,
ptSceding month.
Rroduction Of gasoline in June wa!
H7e4S,s95 barrels; in May 10,6S0.
Abarrels. and in June, 1890, O.
aTa6 barrels. Stocks June 80
wS 17.S72,iS7 barrels; May 81, 49,.
O9.i23 barrels. and June, 1920, L.
OA.324 barrels. Exports in juno
WSrk 961. SSS barrels, in May. 277.
I @ barrels and in June, 1920, l..
9.S47 barrels. The indicated do.
n<stic consumption of gasoline il
Jfht was 1O,471.343 barrels; in Ma!
SBt.670 barrels, and in June, 1870
9BI655 barrels.
Production of kerosene in June
wRs, 3.372.311 barrels; in May s.,
41.139 barrels, and in June, 1920
4ES4,SS1 barrels. Stocks June 81
we're 1O,35S, 4S3 barrels: May 81. 10,
7a.333 barrels and June 80, 1920
1931,9s4 barrels. Exports in june
w&s 1,536.713 barrels; in May, l..
237.31S barrels, and in June, 1920
1,ee1,224 barrels. The indicated do
nystic consumption of kerosene il
J fhe was 224s,93S barrels: in May
S.Ss,72S barrels and in June, 1920
4Ss7,711 barrels.
Gas and Oil Fuel.
Production Of gas and fuel OF
IN June. was 19.675.125 barrels; il
Ny, 1s,461.133 barrels, and in June
100, 16.425,s6S barrels. Stock!
Jhs 30, were 29,73O.O97 barrels; Ma,
= !37.699.731 barrels, and June
1G0; 15,2S4.96l barrels. Exports II
Jdh9 were 1,724,311 Barrels; in May
1.3z4.2O1 barrels and in June, 1920
1.atS.4Ss barrels. The indicated do
mystic consumption of gas and fue
oil in June was 15,92O,44S barrels
in, May, 15.541,5s5 barrels. and IL