Show STANDARD CUTS OIL PRICES reductions loni made in europe and the far east in campaign to in crease ue use of kerosene new york J I 1 C clarke through whom the standard oil company makes its official announcements to the public baa issued a state statement meni to the effect that the company has en on a thoroughly mapped out campaign to increase the consumption ot at ke kerolene rodene in european countries and the landa of the orient the first move in this camp ign la Is the tion of the prices ca 01 oil all in thase ca coun un tries mr Cl clarke arkes s announcement says in part I 1 the standard oil company ha has la in augu rated a campaign to increase tb th worlds consumption of at refined oil the level of prices for refined oil today in the united states is lower than at any time during recent eaas and as a direct result ot of these prices the consumption of refined oil in this country la Is the same pol pal icy ter ai J now being actively pursued stroad al road As indicated by this statement sta ement the standard company began trying out the policy of lower prices in the united states though without an bouncing noun cing that it had in view a cam laign that would coer the world in august the price of refined oil in tanks was reduced fro t 1 6 to 5 cents a gallon and the price of re fined oil lu barrels at the refinery was cut I 1 cent from 9 to 8 9 cents gallon |