The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-17
IN THE OIL FIELDS
OFFICE eaiii Residence a4ia. ". rECK.

| from 20 10 81 cents per gallon,
an increase Of 20 per cent.
Through iig membership In the
A. a A. the Chicago Motor club
ls backinE tho ca mpHlgn for n gas
uliup price investigation by tho
director of trade and commerce
or the President OF the United
states.
This is tho Kind ~ work that
makes membership In the fhicago
Motor club n sound Investment"
The Advertisement is altogether
misleading and deceptive. That
congress should order the president
OF tho United states 10 make an in
vcatlgntion " tho price Of gasoline
iR absurd. The animuH Of the ad-
vcftiacmout IL contained In the con-
ciudlug paragraph which iH n bid for
incmbcIH ht price which VIII hc
worth their while. Thor argument
In much like that ~ the trade union
loader who brinRs ON % strike that he
may show how much good 90 ho IS
accomplishing for hi3 members This
is part Of the advorlisofhcnt that
HhOuid be- noted,
The surplus thni the hurouu uf
mines noted on the FIRST day ~ April
was supposedly 30 per cent larger
than last. How about the coming
demand? The business was de
pressed last year. the demand per
car being less than uOrmnL This
year there are 10 per cent more Cars
mt least ana the consumption per car
is supposed 10 be normal Tho
stock which the rcfluors had acou-
mulatod was only In anticipation OF
a demand which proWises 10 bo
greater than last year by a very ma
tcrlal percentage.
The smaller percentage NJ n large
number may exceed the larger per-
Ccntage of n smaller amount The
amount or gasoline on hand at tho
time quoted WIS 30 per cent OF
about 700,00O0O0 gallons This
would amount roughly TO 10000
900 gallons. The consumption was
over 5000, 0,000,0 600 gallons last year
and If the demand is only 10 per
cent larger than year ago, the add
ed consumption viii exceed oOO,-
900, ,O00 gallons as compared with an
increase In the stock OF 100000
gallons. We're not the refincfs act
ing wisely in trying'to acchmulate
some additional supplies for the
coming summer?
According 10 the oil city Derrick,
on tho LIST of May there were in
operation but 40 per cent OF the re-
fincrs in the Mid Continent fiold,
Why were there so fow operating?
Simply because they had lost too
much money last year "a operate
their plants today. There are many
S.ants that are idle simply because
the owners cannot secure the cash
TO pay for the crude and tho pro-
duoer. knowing tho condition of
many refiners wants his money In
advance before he win run the re-
finery u supply TO use In the produc-
tion of gasoline. Plant after plant
Inns gone broke through trying to
refine gasoline and other products
at last years prices which wcreteas
than the actual cost of production.
Nothing was stated of this In the ad
vertlsement OF the Chicago Motor
club.
what was the cost OF crude last
year? During the operating season
II was sl.i0 n barrel and even the
motor clubs might know that much.
Possibly they did but II was not
their side of the argument. In fact
the argument is totally one-sidsd
and unfair from heginfling to end.
OF. men are commonly members OF
their local and nearby clubs and Il
would be well for them to make a
full explanation to the officials OF
the clubs and also TO take up the
matter with their daily papeys and
see that what is printed IL the truth
OF the c1se.
The bli industry has no reason to
fear an honest investigation but in
are not always free from
and they may have some
based on misiQ
that require TO he dispelled by pres
ontation OF the truth. See that they
got II stralght.--Natlonal Petroleum
Marketers Association Bulletin.