The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-08-04
on MntLri nnntniInn.
Indignant oil Producers
Hold Meeting

An informal meeting OF oil pro-
ducers Of oklahoma was held at
tine offices Of the M.d-Cou'iucnt Oh
and Gas association yesterday tAd-
gust 30. al which the present con-
dillon IN tho oil producing INDUS
try OF the Mid Continent field was
discussed and the following rcsoiu-
tion was passed.
whereas, tho conditions IN thc
oil producing Industry are such that
oil IL being produced az an eco
nomic waste, ana
whereas. the producers them
selves have no adequate storage or
transportation facilities with which
20 conserve the oil until an avail
able market be- afforded.
Now. therefore. be 1t resolved,
by this meeting OF producers that a
general meeting OF oil producers or
the Mid-Contincnt field be held In
Tulsa on August ~ for the purpose
of determining the consensus OF
opinion with reference TO shutting
down unnecessary and wasietul
drilling and building lease storage
10 take care OF the oil.
&C. T. Wilson, w. II. Gray, Frank
Tack, Bert Gutclus, T.. q. walker,
Burt Collins. John Griffin II. N.
Cole. w. @. skelly, c. J. Wrights-
num- d. D. Gn'hs JNlh " ilhui'1f
In discussing the resolutions
adopted at the meeting OF oil pro-
ducers this morning. Burt ii. COLI
Inns, president OF the kangas-Okln-
homa division or tho Mld-tonlinent
oil and Gas association, who called
the preliminary meeting. had lhls
60 say with reference TO It. The
meeting had the oarmarks or an
epochal event I'm the economic ms
tory OF the oil producing business
For years the Independent producer,
as was aptly enid during the dis-
ousslon. had blindly gone ahead
buying leases drilling wells and
asking the pipeline companies TO
connect and take tho oil without any
preparation on his part to take care
of the oil In case OF emergency or
to regulate his business according to
the larger economic phases or tho
industry.
AS consequence he has found
himself helpless and unable to ala
in any work of conservation or sta
bilizatlon. The statements OF the
producers at this meeting were along
tho line of promoting efficiency IA
ns .ho4 q" r,s progscihs hsv,pg pSS', stsfea that
there ii an overproduction in the
Mid~Contlnent field and some OF the
purchasing companies having com
planned OF lack OF storage faciii-
ties and OF the onerousness of the
burden OF buying and storing oil NJ
price at which the producer car
afford 10 operate--there even being
rumors OF Il curtailment or pipeline
runs (whether well founded or not)
the men at this meeting consider
ed tnat tine time had arrived for The
producer TO take the matter Into
his own hands and perform both
puolc and private duty, to wit,
First; Cut out unnecessary drill
ling absolutely and at once.
Second: Each producer buy
or build tank for the storage
of his own oli--and do II now.
Thus will the alleged congestion
and certainly wasteful market con
dltion he corrected. At least thu
producer is going to step out an'
do his part. All this 20 the end tina
the oil may ultimately be produce,
and marketed In an orderly manne
and the reflnerios supplied with pi
al. II end when needed.
The slogan adopted at the meet
ing H..
aRu,, ~ TonI.v
D"0 ""
This sentiment which Ia consid
cred certain 20 sweep the Mid-Con
? tlnent ueld even more eilecllNcI
than the Buy n Bale" or cotto
did tho cotton producing regions be
fore the war, Is n purely construc
tive move and gives promise Q
more concrete results than any 9th
er suggestion OF recent years.
The largest attendance Of any q
meeting ever held In the Mid-Cont'
nent field is expected at 10 o'cloc
a. m August IL, Chamber OF Com
merce auditorium at Tulsa In rC
sponse 10 this call. All OF the o
associations are invited TO partic
pate.
In discussing the resolution
adopted at the meeting OF oil prt
ducors this morning, relative to II
calling OF a general meeting of pre-
ducers throughout the Mid-Cont
Nv II GRAY made the folloVln