, 1923-03-02

RaA SA@f
while for the previous month there
was an excess Of production over con-
sumption of 2.567.o33 barrels. or at
al annual rate OF 81. 232. 800 barrels
and an excess OF production over con
sumption for December. 1921. OF a.
OS7,539 barrels. or at an annual rate
Of 165. S69 sos barrels. TIE analysis
takes into consideration changes in
pipe line and tank farm crude oil
stocks in crude and liquid refined
stocks held at refiner.es and in stocks
of Mexican oil ED in the United
States.
The annual rate OF excess produc
ton over consumption of petroleum
east Of the Rockies was 3 .039. 07O.
barrels in December. compared with
an excess consumption of 11,124,S35
barrels in November. while there wa
an excess production over consump-
ton of 1874. 643.47O barrels in Decem-
Der, 1921.
Exports and Consumption.
Exports of all petroleum to foreign
countries and to non-contiguous terri
tories OF the United States totaled
6.s11. 263 barrels in December. 6.152.-
53S barrels in November and 5.791, O25
barrels in December. 1921. The jndi-
Gated domestic consumption OF petro-
leum and liquid products was As,
4SO,037 barrels in December, 1882.
707 barrels in November and "a ,045,-
226 barrels in December. 1921. The
excess of domestic production over
indicated domestic consumption was
1866 1853 barrels in December, A.
056,293 barrels in November II u
911, 774 barrels in December. 1921.
Production and Wells.
Domestic production of crude oil
totaled 50.137. 900 barrels, a daily
average of 1,617.s22 barrels in De-
cember. compared with Al ,957 900
barrels. a daily average of 1,353.451
barrels in December. 1921. There
We're 1889 producing oil wells com
pleted in December against 1850 in
1921.
Imports.
Imports OF all oil into the United
States in December totaled S,13S 900
barrels. a daily average of 262 SIG
barrels. in November. 1894. 900 bar
rels. a daily average of 25s. 500
barrels. and in December. 1921, H.
30s. 700 barrels. a daily average of
461 .571 barrels.
Pipe Line and Crude Stocks.
Pipe line and tank farm crude oil
stocks as of December 81, totaled
PAS. Alb 900 barrels. an Increase Of
All 900 barrels over stocks at the end
of November. while November stocks
Increased 1917 900 barrels over pre-
ceding month.
Gasoline.
Production of gasoline in Decem
Der was 10. 929. 754 barrels. compared
with 1892, 400 barrels in November
and 10.453,129 barrels in December,
1921. Stocks December 81, were 81.
042 .6ST barrels, November so, 49,
493.419 barrels nj December 81.
1921, 13.o5i,456 barrels. Exports in
December were 1,135,7s7 barrels, in
November. 1.045, 671 barrels and In
December, 1921. 901, 613 barrels. The
indicated domestic consumption of
gasoline in December was 10.244.699
barrels. in November. IL ,191. sos bar
rels and in December, 1921. 7.ae6.s23
barrels.
Kerosene.
Production of kerosene in Decem-
Der was 1885, Ss barrels. in Novem-
Der 5.5S1. SIG barrels and In Deem
Der. 1921, 4,055,126 barrels. Stocks
December 81, were 6.691 .675 barrels,
November 80. 6,1s9, 974 barrels and
December 81. 1921. ls.11e, PSI barrels.
Exports in December were 1866, 1855
barrels. In November, 1.S37,47s bar
rels and in December. 1921. 1.5s4,432
barrels. The indicated domestic con-
sumption OF kerosene in December
was 2.96s $50 barrels. in November.
s,7O5. 779 barrels and in December.
1921. 2.447. 800 barrels.
Gas and Fuel on.
Production OF gas and fuel oil in
December was 23.145.5 11 barrels. in
November 21.22s.3 37 barrels and In
December, 1891. 2O.61S.549 barrels.
Stocks December 81. were 81. O64 .949
barrels. November 80. 32.19s, 1854 bar
r rels and December 81. 1921. 81. 696. 796
barrels. Exports in December We're
2,06S.7 IT'S barrels. in November. l.
| 669. se4 barrels and in December. 1921.
1,s76.576 barrels. The indicated do
nestle consumption of gas and fuel
oil in December was 22. 210.53S bar
rels. in November. 10. 94S, 94s barrels
and in December, 1921, 17.5o3,2s
barrels.
Lubricating.
Production of lubrlcatlng OIL IN De
cember was 2.1s7.T31 barrels. in No
vember. 2,125. 496 barrels and in De-
cember. 1921. 1.e6e.o16 barrels. Stocks
December 81 were 5.612,733 barrels,
November 30, 5.3e1.17 barrels and
December 81, 1921. 5,161 .os4 barrels.
Exports In December were 81 .035
barrels. in November. 664,625 barrels.
and in December. 1921. Sal .4s1 bar
rels. The indicated domestic CON
5 sumption OF ~lubricating oil in De
t cember was 1.345 lac barrels. in No
vember, 1,254.s14 barrels and in
December. 1921, 1892 ,s15 barrels.