The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-07-17
bureau Of Mines Makes
Important Discovery; Bctter
Late Than NeUer

Tho bureau of mines has evidently
been awakened by the dun thud
caused by the drop IN prigo S1tur-
day. from it4 long ana peaceful
slumhor lu which 10 dreamed Of on
uVcfbupply Of gasoline, uud dld ifa
best 10 start the market ON lts
downward trend ~ la better late
than never. ana go here Ru,s.
"WASIliNGTON, -. C-.Thlt tho
hum uud purr of the automobile on
glnU Is more audible than ever and
that an America has tiEgn "a wheels
Us indicated by tho announcement
hv tho bureau of minos that rIso-
line stocks In the United States,
which have been steadily mounting
20 new high record marks. are now
on the decline on June stocks
on hand ~ the rofinorics amounted
10 S5G.G01lO2 gallons, which ls &c..
G6l 600 gallons below tho record
figure of Sg2 2G1TGG gallons ~.
tHincd AT tho beginning Of May Tho
fact that tho billion-glllOn mark.
f0rccHstcd In somr quarters. wla not
reached seems due 10 the tromoud-
Gus increase Ia domestic cousump-
tion ~ gasoline, which amounted 20
iJJ,2i2,3i3 EallOns In May This
figure represents m incro1Bo In do
moEtlc consumption of gasoline of
10000 600 gallons over tho month
pf Aprll ana l45.U0O,00O gallons over
tho month OF May 1921 Gasoline
consumption figures for May con
stitute record Tor that month, and
nrc within four million gallons of
the rccord-Hcttlng figure attained iu
August, 1921, although occurring
three months before the customary
month of largest consumption.
tT tt.
amounted 10 6t3,G5S96G gallons, an
Increase Of 4i,0O0.O00 gallons over
the month OF April. The sharp In
crease In gasoline consumption, how
ever. was sufficient to offset the In
creased production and TO inaugu-
rate the seasonal decline In stocks
a month earlier than II usually oc-
Curs
Reports TO the bureau of mines
show that 315 rcfincrics operated
during May an increase OF IL a.
compared with the previous month.
Plants reporting during May were
running an average Of S5 per cent
OF their daily indicated capacity.
"ENports Of gnsoline Tor May
amounted TO 55,S23.S39 gallons. i'm
ports were 7l0tS79 gallons, and
shipments TO nsular possessions
were I.3bs.927 gallons.
Production Of fuel oil set a new
record In May amounting to 03f.-
142,331 gallons. The previous month
ly production record OF this product
was $50. 900. 600 gallons attained iu
December. 1921 stocks OF gas and
fuel oil on hand June I were 1871
437972 ballons. nm Increase Of as
100000 gallons over the previous
month
"Of interest TO automobile uHers
Is tho announcements that stocks of
lubricating oils showed n decrease
OF lO,s37000 gallons from the fig
ures from the previous month. Tho
production OF lubricants In MAY
amounted to 79,Sis.S72 gallons. an
Increase OF approximately 100000
gallons over April, but increased
consumption Of these products at
tected n reduction In stocks 10
figure OF 226.2o3.3St gallons as COM
pared with 237229,S15 gallons on
hand May I. II Il estimated that
approximately 60 per cent Of the
lubricatlng oils produced are con-
sumed by automobile users
stocks of kerosene on hand June
| amounted to 319,SNO.13l gallons.
Production and stocks OF Kerosene
show r decrease for the month OF
May. stocHs having reached tho
lowest point since September. 1919.
Export shipments Of kerosene in
May amounted 10 $4,000 600 gallons.
which Is 1900, 900 gallons less than
for April"