The Wolf Point herald. (Wolf Point, Mont.) 1913-1940, 1924-03-20

Keyin-Sunburst crude oil has
been advanced 10 cents a barrel to
$1.O5 in the field by h 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 h
Ohio company to h Sunburst OIL
and Gas company.
Kevin-Sunburst crude was quoted
at 70 cents a barrel until a month
ago, when an advance of % 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 j.
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 a 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 a that If
this line becomes available for the
transportation of oil out of Wyoming
it may divert from Montana and Can
| adam ~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 Keyin-Sunburst
crude, and serve as an acceleratlon
with interests who are supposed to
be giving attention to the keeping OF
Montana crude within the state.
The purchase of a 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
way 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 a trip
through the northern Montana field.
1--WE are now taking eight cars a
week, which amounts to about 2,4OO
barrels said Mr.. Bushnell, land we
will increase our purchases just as
fast as is possible for us to do so.
We are at present making u 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
work in the north fields and
will purchase all the fuel oil we can
get.
ut might be of interest to the peo-
pie of Montana to know that the new
Olson refinery at Coutts will start
operations April Is with a capacity of
500 barrels a day. | was informed
within the following 80 days, or
by May Is, the plant would have a
capacity of 1000 barrels a day. This
means that the Great Northern will
in a position to receive about 500
of fuel a day from this point,
as about SO per cent of the crude
the north field is utilized in the
manufacture of gasoline and other
products and the rest is used for fuel
oil.
1.-THE Kevin-Sunburst field looks.
good to me and I believe the decrease
production in the other fields of
he country will mean that the north
Montana field will come into her own
his year. The advance in price as
announced will also materially bene-
the producers. The decrease ia
he other fields means, so far as !
IAN see, that a large market will be
obtained in the Dakotas, Montana,
ind Spokane districts and that the
<evin-Sunburst field will have to
the demands from these dis
I never was so enthused about
lnything in my life as I I'M about
he future of the north Montana