Ogden Standard-Examiner | 1921-01-03 | Page 3 | Oil Monopoly in West Bared

OIL MONOPOLY j IK 1ST BARED Standard Oil of Indiana Controls Con-trols Output of Wyoming Wy-oming Fields WASHINGTON, Jan. 3. The StAnd- ard Oil company, through long time ; contracts, has a monopoly in the pro- J ductlon. transportation and marketing of petroleum and petroleum products throughout the Rocky mountain section, sec-tion, declares a report sent congress by the federal trade commission. t Complaint of unsatisfactory conditions condi-tions resulted In an inquiry In the I petroleum situation in the Salt Creek, Wj nming. Held, the report says, and the Investigation was broadened to in-1 in-1 ii'lr tho entire region.' HOLD STRONG GRIP. "There Is greater com ntration in the control of the production of crude petroleum in the Wyoming oil fields (hsn in any other field in the United States,'1 says the report which adds that the only other crude oil production produc-tion in the region Is tho comparatively small production In Colorado. "The Midwest refining intere.:ts." it continue", "are controlled by the Standard oil ompany of Indiana through contractu expiring January 1. lfi.14. Standard eompanim now control 'hi- bulk of the crude petroleum pro-duced pro-duced in Wyoming;. The Ohio company, com-pany, .-i Standard company, has the iargest production In the stato and addition to this controls consldera-ble consldera-ble Quantities through working agree-r.i-ni-. Admitted Standard Interests and the hio company control ahnn; I ".: tn :T per cent of the total production.'' oN i ROL t T Ml t OMPANY. Two-Standard controlled companies, the Midwest Refining company ahd the Illinois I'lpo Ilnc company, are said to transport from 97 to 98 per rent of all crude petroleum marketed In Wyoming. TaUUng up the refining situation this report says the Midwesf Refining com-pany. com-pany. the Utah Refining company and other Standard Oil refineries own and on rate ninety pir cent of the refining capacities operating on crude Wyoming Wyom-ing petroleum. In respect to marketing market-ing the report asserts Standard Oil marketing companies bought ninety pei cent of the refined petroleum products of Wyoming in 1919. The reporl, however, declare! rates filed by Illinois Pipe lane company 'compare favorably in cheapness with pipe line rates in other fields."