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Newspaper Page Text
Montana Oil Journal
Owned and published by Montana OU Journal. Incorporated. Addraaa all communic ation» to SIS Pirat Avenue South. Greet Falla. Montana. subscription rates S3 Per Tear is Advance—Canada and Foreign Subscription«, »3.50 Per Yaar. »1.75—6 Moo the. Foreign S3 JO—6 Months. Published Every Saturday Entered aa Second Claae Matter, April 23, 1021, at the PoetofOce at Great Falla, Mon tana.—Under Act of March 3, 187V. FOREIGN CRUDE NEW MENACE TO PRODUCER (By RALPH T. ZOOK, President Independent Petroleum Association of America) Step by step, closer and closer, comes the Frankenstein of the domestic oil industry! He is dressed in the clothes of an import policy on the part of our national government. A policy that is the same as that proposed after the last war. If it had been carried out the Germans would have control of New York city and the east, and the Japs, California and the west. Is there nothing to be learned from history? A popular expression heard many times lately is that the United States cannot continue to produce 65 percent of the world's oil con sumption with but 35 percent of the oil reserves. That is not neces sarily a sound statement. The United States has produced 60 per cent of the oil the world has consumed up to the present time. The goal should be increased world consumption, not decreased United States production. If the average citizen of the world consumed only one-half the amount used by the citizen of the United States in peacetime, it would require five times the world oil production for 1943. The same situation is facing the independent producer now that brought about the formation of the Independent Petroleum Associa tion of America. It is going to take the same kind of fighting at this time to prevent the turning over of the greatest market for pe troleum products in the world, the United States, to cheap, foreign oil. It is not necessary to tell oil men what will happen to their busi if this comes about. But the time has now come when the members of congress and the public must be informed what it would mean both to the oil industry and the nation. We must make it clear that the independent does not object to the importation of oil, if it becomes necessary to make up a deficiency in our domestic supply or for special products, but we do object to imports in amounts which would be harmful to our domestic industry and in turn jeopardize the safety of our nation. ■ less 60 s You Get Now About | Same as That of 1934 Premium grade gasoline as it runs from dealer pumps today is about equal in octane number to what prevailed during 1934 and 1935, and regular grade fuel to was sold in 1937, according nationwide survey of gasoline quality. what to a Oil Field Credits Whether Such Credits Are Based On the Acquisition or Development of ACREAGE PRODUCTION ■ ■ PROCESSING I I ROYALTIES s s ►s r s or any other part of the Petroleum industry, we are equipped by experience and resources to care for your requirements. = = The First National Bank of Great Falls, Montana Resources $27,000,000.00 i s t Affiliated With PBSC Member Federal Deposit Insurance Corporation CANADIAN RESTRICTIONS GASOLINE SALES LIFTED Canadian - restriction« on the hours of sale of oil and gas have been lifted. Prior to June 1, all fill ing stations were closed from 7 p. m. to 7 a. m. on weekdays, with no sales allowed between 7 p. m. Sat urday and 7 a. m. Monday. The Sunburst Badger Says— She: "Stop!" He: "I won't." She (sighing); "Well, at least I did my duty." Bragg: "It costs me about $10,000 a year to live." Snagg; worth it. e • • She had just received a beautiful skunk coat as a gift from her hus band. She: "I can't see how such a nice coat comes from such a foul smell ing beast." He: "I don't ask for thanks, dear, but may I demand respect?" • * • "Little boy, do both of your dogs have licenses?" "Yes, sir! They're just covered with 'em." Don't pay it. It isn't Said one strawberry to another: "If we hadn't been In the same bed, we wouldn't be in this jam to gether." • • * Rum; "Why is that man over there snapping his fingers?" Dumb: "He's a deaf mute and has the hiccoughs. Maloney BOLTED ft/ A iMb TANKS Immediate Delivery WE ARE EQUIPPED TO DO ALL KINDS OF TANK REPAIR WORK MONTANA TANK & SUPPLY Mcdn Office: Phone 30, Cut Bank RAY SEARSON, Manager Kevin: Phone 87 JL ANCIENT EDICT STILL HOLDS . . An axiom of the oil industry is that the best place to look for deep production, on defined structures, is where oil and gas has been produced in substantial volume from upper horizons. In other states, belief in the axiom has led to deep drill ing on structures already proven for shallow production, and production from the deeper horizons has resulted. We cannot think of a better place to look for deep pro duction than the north flank of the Kevin-Sunburst field. We say north flank, because 130 miles north of the apex of Kevin Sunburst, gusher production has been found jn the Devonian. And substantial showings of high-gravity oil were found hy a north flank well (the Frazer-Rice deep test) that went only to 3390 feet. Watch the north flank of Kevin-Sunburst when deep drilling begins. And, incidentally, the wells that test the De vonian in this area won't be really deep, as measured by present-day standards. To keep posted, ask to receive our bulletins. Landowners Royalties Company In Our Blit Tear GREAT FALLS, MONTANA erythlng seems to be evened up In this life. The fellow with less hair to comb has more face to wash. • • ♦ Ev "I see you are no gentleman," hissed the woman on the street cor ner at the man who laughed as the wind swept her skirts over her .bead. "No," he replied gently, "and I see you aren't either?' • • • lything that's cold worse than a if there's an waffle Or mashed potatoes three days old. mg a fat old hen at nigh school in It's suddenly meet! That you loved nineteen ten. • • • "Shape Ahoy!" cried the sailor on shore leave. • • « A wedding ring is just like a tourniquet. It stops the circulation. "Why do they call you a yes girl?" "I simply dôn't 'no'!" * ft • "Long time no she," is the new G.I. theme song in the South Pacific. Proved crude-oil reserves of the U. S. are estimated at an excess of 20 billion barrels; proved natural gas reserves amount to about 114 million cubic feet.