OCR Text |
Show THE GASOLINE SITUATION SITUA-TION One of the outstanding features of the gasoline situation la ability of I he American refiner to increase tho i extraction of gasoline from crudo oil. At present fully 26 per cent of gasoline Is being distillled from crude oil compared with 13.8 per cent in 1918. The increase In gasoline gaso-line extraction that has been persist-s persist-s ont during tho lost Bevcral years, and It Is due to this fact that tho oil Industry In-dustry has ccn ablo to meet the demand de-mand for gasoline- which has arisen becauso of the Increased uso of automobiles. au-tomobiles. This greater recovery of Kusollno is duo to improved refining methods. j Oasollno production In 1019 was nearly tbreo times as groat as In 1914, bnlng 95,234,000 barrels, com pared with 24,762,00 barrels, a gain of 170 per cent. During the Borne period crude oil production increased in-creased only 42 per cent, from 865,-700, 865,-700, 000 barrels to 377 million bar-rels. bar-rels. , |