The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-01-06
OH Market Quotations.
Export Rate Reduction
In Effect

fH EJftCt
AS predicted in this column n
week ago, the reduction on the
rates for export il now in effect,
and this In spite OF the protest filed
by a couple of Louisiana refiners.
who. by the way, are so small that
neither have ever been heard OF In
his neck OF the woods; but the pro-
test filed by them caused n tromen.
dous scare and n lot OF worry to the
refiners and exporters here. who are
lall ready to do business on n large
5soalc.
The fact Is that on the front page
of yesterdays World through n
mistake by the telegraph company,
which left out a word. 1t was even
stated that the reduction IN the ex-
port rate had been suspended. While
no particular harm was done. be-
cause Senator Harreld Immediately
wired a contradiction. II did have
the effect OF throwing the refiners
into an absolute panic, and 1t Is thus
plainly shown how important these
rates are. The fact is the rates on
transportation are OF greater i'm
portance now than ever before in
the history of the oil industry.
At Il meeting yesterday OF the
committee appointed to gather data
in regard TO the situation as It
stands today, the subject was dis
cussed and 1t was fully understood
that Senator Harreld is one good
friend of the refiners, and that his
help can be depended upon at any
lime. The meeting was interesting
binasmuch az IL was brought out that
n committee OF the Western petro-
leum Refiners association consid-
cred themselves absolutely bound by
reason of promises made at the Chi
cago meeting of the American Pc
troleum Institute early in December
10 allow the rate committee, OF the
institute to apply for new and a
better rate based on percentage
Of the present rate for long dis
tance hauls into the territory east
of tme Mississippi and north of the
ohio rivers.
1t is into this same territory that
the western petroleum refiner de-
sires to ship his product and 1t is
here that most of the big Standard
refineries are located. 1t has been
granted a reduction OF the flat rate
in effect since the war of l-2 cents
per 100. Some reduction, this, and
Il leaves the western refiners with
strip from Tulsa to Minneapolis and
beyond. in which to market the
products of the Mid-Continent field.
There is now. beginning today, q
"a l-2 cent rate to the gulf for ex-
port: but the home market is the
market that can he relied upon
while the export market at best IS
decidedly erratic.
There will be a meeting today OF
the traffic men OF the Western Pc
troleum Refiners association. which
will be largely attended and al
which clifford Thorne. general
counsel for the association, will
state his position as regards the APP
plication for a better rate, and Will
probably be able to pass the buck
and lay the blame on the committed
of the Western Petroleum Refiners
association which, on one pretex
or another, has delayed making an
application before the interstate
commerce commission until now
Patience has ceased to be a virtue
and this committee, in turn. vii
probably have. some explanations tC
make and especially II there II
nothing accomplished when th'
hearing is finally held in Washing
ton. which will be some time thu
middle of February.
The World has consistently urget
that "A separate case be tiled before
the Interstate commerce commis
sion. and as far back us June, 1920
has insisted that the rates were al
unfair and unjust, and has neve
failed to ask cooperation from
Tulsa Chamber OF Commerce or so
called traffic bureau.
There Is nothing in being radical
but IL would seem that patience hal
long since ceased TO be a virtue
on August 81. 1890, the first da
that the new rates went into effect
the following was printed on thi
page and to rate men who hay
watched the game, II will readil
appear that the situation today
Just exactly as 1t was then. II wa
in an effort To secure the good Wi
Of the railroads operating out o
Tulsa, that tho following was write
by l.. ~ Oppenheimer. vice presi
dent OF the Sapulpa Refining com
pany.
From Tulsa World. Friday, Angus
81. 1900
With the Refincrs.
Editors Note: lnasmuch as tn
oil editor has been accused of over
stating the facts In regard to tn
rate situation. 1t has been though
best to get a few signed article
from big men in the refining busi
ness and the first is hereby given: