The circle banner. [volume] (Circle, Mont.) 1914-1939, 1924-03-21
kelvin CRUDE is
UP TEN CENTS
OHIO'S ADVANCE MAKES PRICE
OF NORTHERN OIL ONE Doll
LAR AND TEN CENTS
Great Northern is Buying Oil-Burn-
ing Locomotives and Is in the Mar
ket for All the Fuel Oil the North
Can Supply.

Kevin-Sunburst crude oil has
been advanced 10 cents a barrel to
$1.O5 in the field by the Ohio COM
pany, making a total increase of
so per cent within 80 days. Adj
vice of the advance was received In
Great Falls in a telegram from the
Ohio company to the Sunburst Oil
and Gas company.
Kevin-Sunburst crude was quoted
at 20 cents a barrel until a month
ago, when an advance of 25 cents
was ordered by the Ohio. This last
advance was received by oil men with
the prediction that further increases
may reasonably be expected soon
after operations resume on April i.
With the closer approach of the
| date on which operations will resume
in the northern Montana field, there
is evident a revival of interest in re-
ports concerning the possible erec-
ton of additional refineries in the,
vicinity OF the producing area. There
is apparent growing belief that mat
tiers are rapidly shaping themselves
to make an enlargement of the local
refining capacity probable.
1t has developed that oil men are
closely watching the Teapot dome in
vestigation on the theory that any
resulting effect on. the pipe line out
of the Wyoming field might assert
an influence on the disposition of
Kevin-Sunburst crude. Men in close
touch with the situation say that IL
this line becomes available for the
transportation of oil out of Wyoming
it may divert from Montana and Can
adian refineries the crude which was
formerly shipped in this direction. 1t
is pointed out that this would leave
Calgary and Regina as more vigorous
competitors for the Kevin-Sunburst
crude, and serve as an acceleration
with interests who are supposed to
be giving attention to the keeping of
Montana crude within the state.
The purchase of large number of
oil burning locomotives by the Great
Northern railway is tending to in
crease interest in the refining situa-
ton in Montana This road is an
eager buyer of fuel oil and now is
shipping into Montana from as far
away as the Smackover, Ark, field.
The Great Northern will purchase all
the Montana fuel oil that is offered,
it was asserted in Great Falls by
Fred Bushnell, purchasing agent for
the road. Mr. Bushnell came to
Great Falls after completing trip
through the northern Montana field.
1--WE are now taking eight cars
week, which amounts to about 2,400
barrels" said Mr.. Bushnell, "and we
will increase our purchases just as
fast as is possible for us to do so.
We are at present making our pur-
chases at the Montana Giant refin-
cry at Kelvin and the Absher refinery
on the main road from Shelby to the
fields. We are doing everything we
possibly can to encourage develop
ment work in the north fields and
will purchase all the fuel oil we can
get
at might be of interest to the peo-
pie of Montana to know that the new
Olson refinery at Coutts will start
operations April / with a capacity of
500 barrels day. / was informed
hat within the following 80 days, or
by May Is, the plant would have
of 1000 barrels day. This
means that the Great Northern will
,e in position to receive about 500
barrels of fuel day from this point,
Is about SO per cent of the crude
rom the north field is utilized in the
of gasoline and other
PRODUCTS and the rest is used for fuel
ILL.,
"The Keyin-Sunburst field looks
.ood to me and believe the decrease
n production in the other fields of
he country will mean that the north
fontana field will come into her own
his year. The advance in price as
nnounced will also materially bene-
it the producers. The decrease il
he other fields means, so far as
an see, that large market will be
btained in the Dakotas, Montana,
nd Spokane districts and that the
-evin-Sunburst field will have to
upply the demands from these dis
riots. I never was so enthused about
nything in my life as / am about
ne future of the north Montana
eds"