The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-01-26
OH Market Quotations,
Western Petroleum RefiHers
Hold Interesting Meeting

Tho western Petroleum Hcfiuots
association held an intcToHuug meet
Ing yesterday, and there was un uti-
dent determination mnuIfoHtod 20
meet tbs present crisis caused bN
high priced crude and low priced rr-
fined products with h'lpful, co-"I
GRAFTON In making the best ~ h bad
situation,
All the various phases of market
conditions we're gone into inNluN
Ing tho probable trend OF the cost
of crude ~ aud the serious situation
that has developed ln me refined
market. lu spite Of the fact THAT q
large uumbcr Of the ronnvrg are
shut down, and all present expressed
the opinion that with the opening NJ
spring thore would hc some notable
changes In the demand for gasoline
and perhaps for all other refined
products.
There was meeting Of the CN-
ocutive committee iu tho afternoon,
atsl the coming meeting at New or
leans. scheduled for March : and ..
was discussed and everyone present
appeared to be OF the opinion that
there II going to be a large attend
ancc, and much Interest taken In the
discussion Of producing aud rcfin-
ing problems with better orpor-
tunlty for enjoyment than Is usual
at these meetings,
New Orleans IL so attractive from
historical point of view, and so
beautiful In It's clothing of sprlng
blossoms, not TO mention the many
drives and boet trips. that the selCc-
tnn of the town for the rotincra
meeting was declared to he ideal
from every point OF View. Tho at
tendance will come from all dlrcc-
tons and hence there viii be no
effort made at combining tho visit
ors I'm special trains. but all will he
made wetsonyo with genuine south
crn hospitality. md tho best of
everything To suit the inner man.
". Il. Richardson. president OF
the association was on hand and
presided In his usual graceful man
ner. and tho secretary OF his COM
pany. the Meridian Petroleum cor
roratlon. w. II. Douglas. was nlsc
there and had the outline ot new
plan OF basing the market price OF
refined stuff ON the price OF crud,
oil az we'll as on the tank wagot
market In Chicago. His suggestion
was well recwycd. and n committee
appointed to 30 over the Huhjec
thoroughly and to report at the mex
meeting
G. L.. Mayhau. representing tn
Imperial Refining company wa
here from Fort Worth and took al
active part In the proceedings. an,
IL one OF the best posted tn
reflners. being associated with W.
Fnssett. formerly Of Tulsn but no,
OF Lexington, Ky, with whom. b.
the wax, he ~ just starting on
I1t III lpI IN 4 al 4
western Tennessee. where the due
shooting TX good aud the season
about out. Mr.. Mayhall declared tn
situation nowadays iS altogether to
difficult Il proposition for tho aver
age man. and hence u good time
is 10 go hunting.
J. y. Throop, Of tho states Pc
troleum Products company OF Kan
sas City, which Is a marketing con
Germ fop several refinerios, was I
the city. and sizes NJ the situatio
az follows: MY impression ls TIM
there is little or no gasoline In IN
hands OF 1obbers, and mighty nul
In the hands of rcfiners. The maj
ket for 5S-Navy Specifications gas,
line may soon be 8 cents, gsoup 3
And Mr. Throop IL an old timer d
time goes nowadays, and his opinio
carries great weight
Therefs no doubt hut that yostci
days meeting will have the effect
creating strong desire TO visit Ne
orleans March and 0, whatov,
else may be the result, II is' Il
one spot that everyone should Wis
before he dies. and life ~ uncertal
and 40 the trip should be mat
while there is a certainty OF the he
Of company, and Tulsa refiners al
oil mon aud their wives are the be
entertainers In this or any 9th
country