The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-12-24
INns
Tulsa oil Men WW Celebrate
Best Christmas Erer

Never perhaps under fho same aI-
verse circumstances N.tu o'I HHil.u'
at $50 low price, was the uuilouo
better than T. i9 ai tha very moment
The oil man VIII discount the tu'uru
and celebrate Christmas gs perhaps
u was never celebrated before In
Tulsa
Best OF all. II there IS a family ia
Tulsa that Va In need. IL is certain
TO bc taken cure of because OF the
llherallty of these same oil men. Tho
giving Of good things TO eat SIS only
part OF tho charity dispensed at
Christmas time. as there aro among
the oil mon bencfacturs Of the poor
and needy. who are looking after the
clothes that are necessary To- insure
comfort. and a mighty good quality
is being purchased by men like waite
Phillips. Harry Grcls and OthcrS,
who are entitled to the utmost praise
for their devotion to the cause OF
the poor.
Christmas comes but ono n year,
and certainly It VIII be mado the
most OF this time. Some OF the oil
companies arc sondlug out bonus
checks az for Instance tho Indcpend-
ont oil ~ Gas CO. ot OlmulEec,
which lnClosed $40 Christmas
check to all OF It's employees. num-
boring about ono hundred In all,
and this includes officers as well as
men In the field. The money is not
refused by anybody these days. The
Southwestern Petroleum company
has been paying bonuses this Christ
mas. and well II can afford 10, as 1t
has been among the most fortunate
of any OF them. II has b 900 barrels
Il day in the Tonkawa field.
The outlook for tho coming year,
as stated above, IS unusually bright
There has been a hearing on In
Washington, at which James O. Ncill,
president of the Prairie OIL ana Gas
company made the statement that
Continent production has bnen
at its peak" Mr.. O'Ncin knows
what he is talking about, ana he
further knows that from now on,
the production OF the Continent
field Is sure to decline. There are
no new pools I'm sight, and It will
take years to get oil out OF the new
pools that have been discovered in
foreign countries.
Speaking of the hearing In wash
ington, It has so far developed but
little that Is of interest, and certein-
ly all testimony has been much In
favor of the oil men, and tho way
Teagle OF the, standard of New Jer-
sey. was the star witness. and ho
certainly covered himself with glory,
and made many statements that
have been the cause OF much gossip
among the oil fraternity, as for In
stance, when he stated that his com
pany had no interest whatever IN
the Texas company, It gave President
Beatty of the latter concern much
added prestige and especially since
the latter sprung something new nj
the ST. Louis meeting, when ne de-
clarcd himself I'm favor OF pipelines
cooperating in the movement or oil,
which of course would mean thal
pipelines would become common
carriers in fact, as well as In name
The chances are that everything
is working out better for the welfare
of the industry than It ever has al
any time in the history OF the oi
game II IS pleasing to note tha'
the Producers and Refiners corpora
tIon which has been one Of Tulsa
most popular oil concerns. is ahou
20 increase it's capital and is sur'
10 make good use or same in deEel
oping its great holdings in wyoming
Mr. Kistler's visit to Tulsa at thi
time, will add greatly to the pleas
ure OF his many friends here.
II ia doubtful II any concern eve
built up more rapidly, and was NOR
deserving Of its good fortune, thai
this same Producers and Refiners,
II is a fact that there Ia SO mucl
that could be mentioned that ther
would be no room for anything els
on this oil page, were all the bless
ings that have come to the OIL men
enumerated here. II Is indeed
p very Merry Christmas.