Show GASOLINE QUESTION VITAllY IMPORTANT FOR MOTORISTS r Supply of Crude Petroleum No Now on Hand Is Big Factor in Price of 1924 Automobile Fuel it By Tl riu 1 ko koJ J j 1 r WOH D C C I Is Isan an of ot some sort ort for about 0 eer y ert tenth person peron In tn tho tf which Ie nes 1 i ono one for eve evey second so 30 It Is 1 I II a K r i th hAt liat Is 1 going to i hoppen In the tho Is of ot Into rest and Importance to Americans Ot or less leu tor- tor est tl Ia the tha th for forAn forAn An lI without Caroline IJ I 1 J about ni u M os n s dead horse I Thero have hav been two recent our cur oure cure aur e c B cO co thena theRO Attempt to mike make predictions prediction tile future e future one hi d b be hAaT made nc members or of o tho Motor and Acc Acce sor sort ory Manufacturer eno Ano ni the thO he by the th American pe Ps- Ps Institute Tho Motor oc sent cent out a 0 questionnaire to It Its member anS anI An to other manufacturers m nu to obtain Information un the number num- num number ber or of o Including cars c and truck trucks It was wt Ld would ouId b be bo demanded by the tho publiO In 1124 1924 The result remit t but this ear Nr will wilt see soo c 3 chInes hullt and nd sold old old to the th American people About B G per por percent cent of or the tir manufacturerS w were r cc 10 as to that the th number would reach rench 4 Ilna I About 20 per cent e ere ore tic tic enough to expect aI a n I I for tor no nor inor tk thin n 3 dus can and trucks truck but the th Ih majority opinion ion ae that 3 ouM b the tho lIon h or OP R CtR I The figures fIgure for tor the tho ear C r had not been complied when hn u Clue I su oy ens as as made but It s aS ted len that Chat the tho production top for that thit cat would boIn bo be In In hu the th oo I I or of This ae the tho th I ear er e r In production una U production be being b nil but 8 04 fo More fore than 1 I onn curl Care have haye h been heen produced eur eer ear sines i 1016 14 t The 1110 bin bill lm mien men IH In the ho oil an and go gase E I Fn na trade have hv hl had 1 A de deli deil I to CO say Cay about the th year 1924 1914 TheY h r It with the utmost CAre because bec u e 1923 has hao ha ben been bc n a a ery I eor cor Crude oil hu ba h i been overproduced with the tho th I that price have hare been bon cut In almost rr c c er state In the th union InI I The Th oil men mien want to k keep p on i producing oil but they at also to o lint ant antto to 10 M mold old Sn an n 0 will cut prices Thomas Thomas A ODonnell O'Donnell j or of the American Petroleum tutu d PO t tr the opinion that it I ue don t lose our r headS head and go B Band and ond drill our our ehu to death 0 b be drawing on tock again t and we wo Hill put lut our Industry back baci I where hero here It bolong By thil tue he h hm m am that a pour policy Y ot o going coing stow ean I 01 gg on n y production u Ill 1 the to catch etch up with the tho th I stocke stock due duo to j Ono On of or the tho mot moil interesting r ConCerning con the future of p the tho th Industry Is If mado made by nen L one on ot of o the tile big molt mel ni In iu the oil producing lIo II In M aai s that It Ir th the Industry follow follow- i proper policy y It can add d l 1000 1000 a ear ear to It lt ro Ills Hit program to bring brine this about Is i ad M follow Concentrate the production Ot or oil 11 In big b r upp y depoLl and then thon feed fod It out In tho th h proper tI ties tiCs s no so AJ 55 not to CO force ore ullon upon uon the th I market markt more than thon It cnn can readily II absorb I the oil companion companies to loy olo nil all possible n new w method tor the th use Uio and consumption con or-oll or of ot oil Gio Ol Gh encouragement and ant to thu th inventors and t mft ore era cr of or oil burning u c Mr DohertY's Doh program taPes tal of ot th tho or of tIe tir public with the ho ho tlona tiona of the th coal cOllI supply caused v I strikes of or miners Ho Ito belle belie us r e that tha oil burnIng de Ic ieee should hould be bc pu li- li lid 1011 d to repine coal eoal furnaces there there- thereby thereby by by III the of ot fuel tO t householders hou r and anil broadening tue tOle I market for tor oilA oilA oil oilA A for Cor the tha further urther u use orI ot of oil I ie that thai tha tho th conversion or of I eOl coal burning Into Inlo oil oit I burne bo be pushed as as i I rt n e 0 om 01 All Alt these theo plans and suggestions I n ill iii have vo a Il nu material 1 bearIng bearint on what to th automobile nor onor o nor pave S for hi It It If a healy y up I ply Of If crude crudo crud oil to pour p the tha already o pipe pipelines pipelines pip I lines and tanks tank the 1 prIce of ot guo- guo K tins presumably alit ain ren-ain much lowe than It wm was before beloro the sum sum- urn urn-mer mar mer of ot 1923 now How long lonn thie woula Bun I last Is 1 I r led a cs as a Il problem I It Is not elle l that It last Indefinitely bec e man Inn 01 I men ot of o the smaller tape tipe t pe finding a 0 po poor r market to foi fou their th lr product would stop top III oil welts wen top stop toi r 1 pa olinn and go ifo entirely out of or hod huch nuch an aban would It Is ll beli ed ro To- To r suit In swIne of the pendulum In the th other direction DY wi-rix wi tin an over s and iO Ia the th situation ouM turn turn Q 0 o An under and gaso- gaso gasoline line IIno price higher r than thIn those tho which obtained prior to the tho sum sum- dummer mar mer of 1123 A steady and nd a fairly stud stead Irlee are aro regarded b by juu JIu d dents nt of oC the iho situation as most do- do de George N Moore president or Of ortho oth the tho Western Petroleum Refiners association h has made mad a special an of or tho th gasoline situation and anta seTt e rt that the th producer h ha been caught AUght th the uP up- up upper upper II per and the th mIllstones m there has ha been L en an OS 0 o e er Cr supply of or crude oil h he says thIs thi do does s not mo mon mein n big bif profit profits on oa gaso- gaso gasoline moline line He Ito notes note that In 1923 tho there WaS a II 26 per cent InCrease mie In the tho th consumption or of o ei but at a aprice price depressed b by the presence or of ortho o tho the hell heavy har stOcks locks of or crude crudo Oil 01 Mr r Moore foore r the pol po tion of or the th gasoline renn refiner r to that of the flour Jour miller There Ther Is I at n r oer supply of ot wh t In the orld orId ho he notes but not rm nm rn over supply or of o flour lie He think it 1 be b nd ad l ad Ible able to hold back on production so go os as a to present pre tho tb building up of or surplus DIG BIO NOW Ow X lie He suggests ta th that t not a 0 barrel t tor of or refined gasolIne ca be added to existing refinery storage torao I stocks he constItute cOl all am a i reer c for tile 11 who o ot of the next e on Practical 1 bulnes judgment Ir Moore declare dictates dictate that no 0 n In cf e ceas oiro of o h be m manufactured 1 u If the No at t a nr ld PIU pam gasoline AI prices Bill HI be u a ain dlo il In in 1924 1 24 as a the they veTo ero In 1923 I 2 IE E IV V fAr and M rland president of or the Harl Marland n Oil com company pliny takes take the I Ie that the public s could be bo bet bet- bet beti ter tr educated In the tho or of ortho tho oil to tb the end that thai may be b stabilized and treed freed front from rom tIm the tho long lon Ion II swings awing or of o Or O and under production bleh cause u e-u fluctuatIng price prices an and speculation erv E to tn tal tate take I action I Is 1 met by Sherman n law 1 rumo- rumo mo o now V but lint In Mr L s opinion tIn of or th the publiC I might remedy are aro not to bo be wholly relied rolled upon but bUI the present or e automobile lIe 0 ouner on nor nCI can dIscern from th tip th- u dt ed wh t Ii In 18 in the Iho mind lor of tin tie t leaden ortho oh dh hleb Ito ho h roust t d dp p nd tor for automobile transportation 7 |