Show I STANDARD CUTS OIL PRICES Reductions Made In Europe and the Far East In Campaign to Increase In-crease Use of Kerosene New YorkJ I C Clarke through whom the Standard Oil company makes Its official announcements to the public has Issued a statement to the elect that the company has en tered ran a thoroughly mapped out campaign to increase the consumption of k rosone in European countries and the lands of the Orient The first move in this campaign the reduction reduc-tion oftheprtees of oil In those countries coun-tries Mr Clarkes announcement says In part 1 The Standard Oil company has Inaugurated In-augurated campaign to increase the worlds ronsumptlon of refined oil The level of prices for refined oil to dayn the United States is lower l than at any time during recent years and as a I direct result of these prices > the consumption of refined oil In this country Is increasing The same policy pol-icy Is now being actively pursued abroad As Indicated by this statement the Standard company began trying out the policy of lower prices In the United States though without announcing an-nouncing that It had In view a campaign cam-paign that would cover the world In August the price of refined oil In tanKs wasfredUced from 0 to 5rh cents a gallon and tho price ot refined re-fined oil In barrels at the refinery was cut 1 cent from 9 to 8n cents a gallon |