Montana oil journal. (Great Falls, Mont.) 192?-1931, 1931-03-14

agakn. when these sabsr-toothed IN
dividuais arrived. there was q
weeping and wailing and even
greater pressure was brought 90
bear on the senate or other ruling
body than ever before. As she more
mobile. more active individuals
wiped ont the pondeFORs 0nes, the
former were able 70 live on into the
Tertiary period.
There we sat, perched on 3 giant
oyster she'll and visualiEed that can
yon filled, &c Il certainly was, with
myriadg Of living creatures. Now
ALI that remains Il crnmhiing, Life
less shales with an occasional bone.
shell or other fossil as evidence
that It was at one time trod upon
BY creatures fighting FOR survival
with the methods and means 81
their disposal.
All OF which might be merely q
wasted Afternoon with no lesson
taught. even though e Is q fac that
history DOES repeat itself IN many
manifestations OF life. On our re-
turn home from digging for fOa-
sils we found on our desk q copy
Of the report Of the United States
Tariff Commission with regard 70
the cost Of crude petroleum. Il ls
hard 70 figure out what q IL all
about.
We have been hearing 10 much
about the relation Of the cheap
South American oil TO the prosper
ity Of the American oil industry that
we have wondered how congress
could possibly have failed to take
some action.
The report confirms our earlier
understanding that American oil de-
liversd at the Atlantis seaboard
costs $1.s8 per barrel. Venexuei-
an oil delivered 20 the sans spot
costs rs cents per barrel On the
face Of II. We zee that this Il com
petition that cannot be faced.
BUT
The report also shows that the
American oil averages SO gravity
The Venezuelan oil averages Is 20
10 gravity. BY way Of comparison.
Dry Greek Crude Is So gravity. Ke-
yin-Sunburst is ~ gravity and Pom
dera Is SO gravity.
The American oil yieids FROM
AElAkk& 4 -11A ~ N0EAN A~NOUA
PER CENT GASOLINE The Ven
exuelan OIL yields FROM NINE TO
TWELVE PER CENT GASOLINE.
The latter gives from IS 20 80 per
cent FUEL OEKs--of little value.
What could Montana DO With rs
gravity oil7 Better OH than that IL
left IN the ground in Soap Greek
field There are . DOZEN fields
IN wyoming standing Idle today be-
cause the oil Is as low gravity a.
Venezuelan oil.
When We figure out that peculiar
truth, then we are faced By the fur
Their fact:
AMERICA EXPORTS TWICE AS
MUCH OIL AS 1T IMPORTS.
In other words. II we were 70 lose
our EXPORT business we would be
IL worse shape than II the import
business continues.
THERE'S A HOLsE IN THE
WALL. SOMEWHERE.
This IL the heydey Of big bust
ness We are living In the Rgs Of
the new dinosaurus-4he ago Of
monsters which eat uT one another.
Right now we feel THAI old BRON-
TOsAURUs Is having his inning.
The activity against the sherman
anti-tTust law, which the Haber-
toothed Theodroe Roosevelt set up
20 fight the trusts. proves that hits
Is the inning Of big business We
see great monsters Of business IN
position 70 crush out the little fell
lows. and furthermore DOING 1T.
The day is IT hand for PTERO-
DACTYLS % flap out Of danger.
We wonder whether kOBtana has
not yet produced 3 new TYRA1yls(j-
sAURUS. reincarnated from the So
ber-toothed boys, among such per
aonages as Harry Sinclair. Writ