Show I lARCH ARCH 2 1922 OIl PRODUCTION 1 INCREASED IN FEBRUARY T Total ota Daily Average Is Barrels With Oklahoma Leading Leading- NEW YORK March An 2 2 An increase of ot barrels in the estimated dail daily average crude oil production of the United States Slates for the week ended February 25 is shown in the weekly summary of the American Petroleum institute The total daily average production production production pro pro- was waa barrels The largest increase shown for tor a major district was that of about barrels daily in Oklahoma Other district changes were comparatively slight Production of the Mexia Texas field ran about barrels dally daily showing showing show show- ing a slight increase Haynesville north Louisiana production reached j barrels d daily a small gain I I There were no changes in crude oil I I prices of the major di districts during the I I I past week crude is i quoted at 2 a barrel Pennsylvania crude at 3 25 a barrel and gulf coast crude at 1 25 a barrel barret I Imports of petroleum at the prIncipal principal principal pal United States ports for the week weel totaled barrels a dally average average aver aver- age of ot barr barrels ls compared with barrels a daily dally average aver I of barrels for the preceding week Significant features of the United l I States geological survey sui report of ot pe petroleum petroleum pe- pe production in January the summary says further were the recording recording recording re re- re- re cording of ot the daily average domestic production of barrels the highest ever reported and an increase i of barrels in domestic and I Mexican oil stocks held In the United States as compared with December 31 31 1921 Imports Into the United States in January averaged barrels daily With the exception of kerosene stocks of pf the principal petroleum products products products prod prod- at the end of 1921 showed a substantial substantial sub sub- Increase over December 31 1920 Gas Gag and fuel oil stocks were higher by gallons than at atthe atthe atthe the end of ot 1920 gasoline by gallons gallons and lubricating oil by 00 gallons while kerosene stocks were lower by gallons A significant significant significant sig sig- feature however Is that the indicated domestic gasoline consumption consumption tion in 1921 increased slightly over 6 I per cent Gas and fuel tuel oil consumption tion increased 6 5 6 per cent Consumption tion of lubricating oil decreased 13 per percent percent percent cent and kerosene 11 per cent An official estimate places present fuel oil requirements of the United States shipping board vessels at 20 20 barrels annually Shipping board vessels In 1921 consumed 20 1 barrels of ot which barrels were Mexican fuel oil and barrels domestic The United States State navy consumed approximately barrels of fuel oil In 1921 compared with barrels In 1920 |