The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-31


scarcity of refinabls or light oil
makes II good for the oil producer
who has discovered many spots and
places in the Mid Continent field
where high grade oil can be pro-
duced very profitably indeed. the
price being in the neighborhood of
s. per barrel
The producers OF heavy oil will
soon have no reason to complain
II it Is passed up by the pipelines,
because there are now many crack
ing plants in operation in Kansas
and oklahoma, as for instance,
Cosden, the Producers & Refiners
Corp, the Sapuipa Refining COM
pany, Marland. the Sterling refin-
cries, the White Eagle and Waite
Phillips, with o plant now under
construction.
These cracking plants are going
70 use so much of the crude that
fuel oil viii be a scarce article, and
hence a better price. The cracking
plants wiz therefore work not only
TO the advantage OF the low-srade
oil producer, but will help all the
refneries, inasmuch as they will
create a scarcity OF fuel oil.
The situation Is plainly set forth
In the Advertisement OF some of the
best known and prominent oil men
in the business and the only pity
Is that there are not more of these
expressions of opinions In the. ad-
vertisements printed-n this issue,
They carry conviction when men
will pay good money for the privi-
lege of making these statements ah
nothing else would.
There is so much confidence IN
the people as to mean at this time
only one thing, and that is that
prosperity is here and here TO stay.
And with the good luck that is IN
store for tho oil men the outlook
should become much brighter and
that at once.
There are too many factors enter
ing into the situation TO permit Il
10 be otherwise.
For instance, there IS the pros
pect for an increased export trade.
The fact that there are new firms.
Ike the J, Alex Dingwall, jr., Ex-
porting corporation. which is OPP
Grated by experienced people In the
exporting game. Is one good omen
In addition to this the old standby
the Lnlon Petroleum company, i1'
on the fob and Is looking for new
business at any and all times. IT
Is said that the Sinclair people, who
own the Union, are also organizing
smother export company and GER
Ainly the more the merrier.
But after all II IS the great and
growing demand for refined prod
ucts right here in the United States
that ia counted on TO build up a
market such as has never been
known before. This through the
education of the public in the use
OF petroleum products and the Won
derful advantage of good roads
which have been constructed dur
Ing the last year. The single item
OF busses for the transportation OF
the public in the place OF interurban
lines, is making a market which
VIII go a long way toward account
ing for the increase in consumption.
Interurhan railroad men every
where have found that gasoline
propelled motor busses are cheaper
70 operate and they are being usedU
N all thickly populated sections OF
the country as q matter of self
protection, TO say the least, and as
a comfortable mode OF transporta-
uon that the public win enjoy and
patronize.
The advance IN the price OF high
grade crude in Wyoming and Mon
tana eliminates the cheap crude
Rom Wyoming which has been
shipped into the Mid-Contlncnt field
N traiUload lots, from competition