Show OIL 01 IV IN I N I t Survey Sno Issues l a mm Con Industry In iii II Americans watching the th development of ot time the Philippine Islands will 1111 be he Inter Itel to know kno that thet Mr Air I V Jr H It Oliphant V time the author of ot u report to the tile United survey surey In the time lion ion I of petroleum In lit 1002 I DO predicts that In III n a few tew fe years year petroleum will be bo one on of ot the tIme articles exported from the tho Is islands lands linds Instead of oC an nil article of or Importation Ion tion t exclusively The rho Inlands of oC Luzon Panay Loyte Ioto Negros Minda Mindanao nao 1110 and situ Cebu elm contain petroleum There lire are souse ome rich oil wells on Oh the tho of ot amid capitalists usually ally nil prospect among these thee before they HO IO to tn other Islands On 01 the time Island lInd of oC I PaIne Pann are deposits of t C oil nil located from 00 to time the On Oil I the tins Islands l of ot Negros Cebu und Min Mindanao 1 1111 danao oil mire lire worked to good advantage by native natle anti ami foreign cap enl capitalists The rime position of ot those these lland lelande certainly Indicate the time probable f of or petroleum OH as Borneo on Oil tIme the southwest ami aims Formosa aol and Japan on un the tile north contain productive I tive tiso that are arc extensively operated Time TIll best hest oil eli appears to 5 be ue contained In Itt a mm stratum consisting of ot rock inch and sand saud nearly 20 f feet teet et In thickness lying about cat foet below tho the surface This rock lock Is 18 In somo some places too hard to pierce with the time native but hilt American drilling tools cut out It readily In J n other places the rock Is only soft sott sandstone These oil lands are ordinarily unclaimed nd II hi belong to the government When hen they the are owned own ell by I Koine ono who ho holds one ono of oC tho the old oltI Spanish land grants lInts they thoy comm cnn usually bo ho bought nt at a low figure The rime advent of oC Americans In itt thi th island has greatly stimulated the tho development of oC tho limo oil all fields The liue lh Spaniards used usel to procure Illuminat Illuminating illuminatI ing oils from some of tho thin oil wells ot of Luzon and amid but their drilling machinery devices amid modes if f distribution ex cx extremely detective defective During time the last years Filipino capitalists have havo been boen working at lit the time V oil with tho time old aid of ot the time Japanese have havo developed some of ot time the wells wllIs that produce tho the best bent grades ot of oil TIme Tim ht Chinese also have taken a It hand In tilt limit oil Industry of oC the time Islands Recently some of ot time the American discharged have havo been boomi h en working at the tho problem of or furnishing tho tim with their own Illuminating oils and export exportIng exporting Ing sonic some of oC the time refitted oils Through them the Industry line has been extended but lick lack of ot capital has Imas hindered them In their work American capitalists are now amY In developing time the richest deposits deposit of ot the country and omit have for tor tho the purchase of oC tho necessary plants At the present there thore are aro several l nod and paying laying plants In tho the Islands One which Is located 1 at nt Isadro near Ma Manila Maolin olin nila Is obliged to run day and night mind and tax lox Its machinery to full tull capacity In n order to meet Its orders A Anum num her ber t er of or minor oil distributed throughout tho time Islands are said to be b doing a n good business burmese and amut making money mane Wion pumped from Cram time the earth he M Philippine chit arc aro usually dark green Ireen greenn In n color Uy By B Mining an nn average of 8 S pr cent benzine Is in produced from time the prude crude petroleum and about nb ab ut 40 per or cent oil The fh remainder U Is grimm gas oil and tar From the th latter hotter Is s extracted The cost cn t of getting the time crude oil Is very ver low tO an RII compared with time the expense In n most mOAt other countries Labor at the wells Is 19 extremely cheap ranging from fromn 10 0 to 12 13 cents a tl day For this price iric the time native and Chinese give lve Io a fl 1 full days work worl and provide their heir own lodging anti sustenance |