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Show DEMAND FOR OIL CONTINUES TO GROW Pniiu on Available Supply Becoming Alaruing. A. B. Carstensen Koports. "rvr-inc1. for r- o'eu:n ai-.d It b prciuois ha? r.eer bo:t so great as row. T . ' s e a v. d is sr ro w ; : i s ? re u ; e r e v e r y c? s v x a t : e ri i-a i n ir o : t V. e s i r p s or top cro'.uui storage tvis reaohe.l tV.e ;k"il'U it h.'.s beooie alarnvrc.'" said A. t. Oi-ra'.er.ser, secretar -treasure-r of the Mop.-. a:i j.-Yyonii:ir Oil co:tvm;'.v ester- UAV. "The total stook of rettvleun.i in stor-a. stor-a. on t!;e first of tV.is year was o:-'y Ilv.O-.WCO1 barrels, or a little rtiort- tVan .s f of the ross p rvx i n o 1 1 o n v 1 . ; r : r : the ear 1917. aiid w hi'e the o;:tpi:t of Tast ear was ? i J.- 'O, ba-rels. storage s-tos'k wns drawn ulhh to the extent of l.1' 0.-.' 0.-.' barrels." oorttmued Mr. Cars'.enen. "This year T be'.ieve will see ;i vrodiio-!:en vrodiio-!:en larser than ever, but the do ma nd :;: be sreater. so that the d eve. orient ef The industry is certain to reach e-tev.inary e-tev.inary p:vport:o:is, w liieh will mean a boom, b'.'t an increase in tse 1:1-yf 1:1-yf siry, that w i i be permanent, and this mi F '--es ; f'-''1-4-- l"tah development r.;i be much creater than it has ever rrj:i and the o:l sh.ale industry- in the which is iu?t in its infancy, will Cjeveiored on a large se.-'e. Tr.e Erovernn,eTit hH stepped in and .onped the wate of r.:.:rai eas wh.ich hyeto''ore has he en enormous, and is o: 1 1 p e " i r. all oil oo n i p ar : i e s to put t r. ca s . n: h e a d p ' it :i t s. r o oo : ; s e r ve the c a s and extraot the srasoilr-e oortent. so at the sreat cas f ares that have here-io:ore here-io:ore burned :Cd the time w.U soon he a thins: of the past, and the waste w.'d he ma ie into --.so'.me. which w;U amount to millions of gallons. "Oxer in Wyom:.:s;. whee we a'so have a lrse acreage, the-e is t;:? same promise prom-ise as there :s in Ca'dfomia for a won-c.erful won-c.erful deve opnient this year. It is the o: ase. |