Salt Lake Herald-Republican | 1920-04-16 | Page 12 | Oil Stocks Are Lower in East

Oil Stocks Stock are Lower in ill East Consumption Makes Larger Gains in Spite of Production New e York April Apri 15 Fuel Fiel Fuel oil 01 consumption consumption con con- Is I making the largest pain gaIn aln In Inthe tho the eastern rn part o of the United States This Is la shown by a n decline of rations gallons In stocks of ot fuel oil 01 In eastern astern refineries during 1919 1019 in face faco of an nn SO SOper SOper SOper per cent gain aln In production In Jan Jan- uary nary 1919 approximately Rations gallons o of fuel oil oi were manufactured compared with wih I In December of or the same year Stocks wore reduced I from I gallons at tho the en end of January to at tho the end ent of De De- cember Importance of or Mexican crude can cn bo ba boscon bl seen Been b by the fact that 95 per cent of offu fu fuel l oil 01 produced In Atlantic seaboard i refineries I Is from Crom Mexican oil 01 and the SO per cent gain aln In fuel Cuel oil 01 production was made possible chien chiefly through the larGer receipts of or Mexican crude Th The fuel oil 01 situation In other parts of the United States remained generally uniform durin during I 1919 iiD 9 Pro Production In va varIous various 1 va- va rious refining centers showed only slight sl h chan changes from average In th the Oklahoma Kansas Oklahoma division monthly production o of fuel Cuel anti and gas oil ranGed from to 10 Jas OOOO oi gallons In the Louisiana Texas Texas d division from to In California tho the low Jaw marl mark was as gallons gallon and tho the high Recent domestic oil 01 production fl figures fig fig- ures show that the hea heavy oil 01 output o ot of the lC United St States cs available for tho the Ure 01 UL luci luet on amounts to less ics 01 m than barrels a ra day or about abul 35 C per feI cent of our total crude oil 01 ton tion tho the chief hea heavy oil 01 sources being the gulf coast fields of Texas and Louisiana Lout Loui o siana Ilana and tho the California fields Imports imports Im Im- ports o of Mexican crude amount to about abou barrels dal dally daily showing sho that o ot of th the barrels of or leav Heavy oil 01 available avail avail- able for American refineries more than 30 0 per cent comes from rom Mexico GOVERNMENT GOT CONTROL OF OIL WILL fILL B BE LIFTED Paris April 15 Governmental Apri purchase pur pur- chase an and distribution of oC all ni oils ois used In france Franco will wil como come to an end on April 2 23 restrictions on commerce In Apri oils will wH b bo be lifted on that date late During ois 1919 France used 0 gallons of I Ja gasoline and a n similar amount of Il Ii- Ii i- i and lubricating oils ois of which America A oil 01 companies furnished SO 80 I per cent cent I i