OCR Text |
Show oil and gasoline In large shipments through th Panama canal to At-lantln At-lantln porta, the reflnerlee aat of the Rocklea hare bean forced to sell below cost of production, and are, In consequence. In danger of golag out of business, Aubrey O. Magulra, prealdent of the Bartlea-hlagulr Bartlea-hlagulr OH company, declared. - t)enrga - Tr-VNMI, preeldent of ths rNell Oil and Paint company, In a atatement, said: "At th present pres-ent time many refineries la Oklahoma Okla-homa are closing down for thirty daya and a large number of amaller refineries are on th verse of bankruptcy.. bank-ruptcy.. L'nleea they can be protected pro-tected and ran aat a price which will equal the cost of producing oil, an Important sources of th nation's supply will be closed." He declared that It la th elaborate elabo-rate equipment for serving th pub. lio that gasoline companies must maintain In order te compete that Is responsible for ths apparent high sost of gssoltna. Btatletlca show that erer th entire country ear-vice ear-vice atationo avorag So gallons a. day the year round In sales. "Estimating "Es-timating expenses of maintenance of moet of thes stations at lie a day. there la an expense of I cents a gallon which must be paid by th consumer," ho said. OfttaONTO INQUIRB . . INTO . D. ACTION. - . 1 ALEM. Ore, Aug. II. Governor Walter Pierce will be asked to communicate com-municate with the governor of South Dakota to determine, if possible, pos-sible, under which statute or- by what authority South Dakota's governor waa able to bring about a reduction In gasoline prices. It waa eald hers today by persons Interested In-terested In obtaining a aimllar reduction re-duction of gasoline prices In Oregon. Ore-gon. Gasoline prices hi Oregon, ex. clualva of Portland and points having hav-ing the advantage of water freight rates, have ranged for th paat fw years from lit to 1H cent a gallon. .These prtoea prior to last May Included a atate tax of 1 cents a gallon, and sine that time a tax of I cents, in a few sections of tha state where traaaportatloa facilities are aassgsr gasoline haa eold aa high aa 0 cente a golloa. GASOLirJEll PINCHES MANY-OIL MANY-OIL HEFINERjES Fight Started by Soutl i Dakota Governor Sale to Hare Forced Pric Below Production Cod CHICAOO, Aug. It (By A. P.) Many of tha smstlsr refineries ar threatened with failure unleea they are protested and obtain a prtcs that will equal coat of roductlon. according to statements brought out by ths- gaeoiln price wsr started by South Dakota and which has spreed to several other elates of ths Middle Weet. with reductions reduc-tions which have brought tha price af gasoline down to a range of It centa to I1H cents' a gallon at various va-rious places. Iq South Dakota, where Governor Gover-nor W. H. WcMaster declared th former price of 21. cent a gallon gal-lon was "no lees thsn highway! robbery" and obtained a large quantity quan-tity of gaeoiln to be sold by th tat at If cente a gallon, gasoline sold X retards y for If Vj centa a gallon gal-lon (ths lowest pries In ten years). Drivers adopted th alogan. "Fill her up." and sales wars reported trebled. -.. BANKRUPTCY THMATKN. Independent dealer In South Dakota Da-kota said they saw only bankruptcy ahsad. In Texaa. yesterday, gasoline sold from 11 cents in Dallas to It eenls In Houston. Nebraeka got Into the fight when Governor C. W. Bryan sent telegrams to all tha principal oil companies requesting a reduction reduc-tion In pries. .Governor Len Small of Illinois announced that he was Investigating Investigat-ing the situation with a view te taking action. Officials of ths Standard Olt company In .Kentucky - Intimated that there would soon be a reduction reduc-tion mad In Kentucky. Governor W. P. Morrow said hs had no pub-dla pub-dla fund available for tha aala of gasollns. Reports from ft. Paul. - Minn, atate that the two refining aoca-panlea aoca-panlea there have announced that they will sell gasoline from tracks at lH centa a gallon. Officials of soma Minneapolis Independent In-dependent oil companies said thev could obtain gasoline laid dow) thera for 11 cents a railon, Otbera, however, declared that was aa unusually un-usually low prlca. According to O. Roy Mill, secretary of the Minna spoils Automobile chin," he haa bean quoted an offer of IX centa a gallon gal-lon for ga en) Ins In carhead lots. Due to tha Influa of California |