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'he.Oil Tbade,—lt;*“The number of wells a: borej atpreteot in the oil region/*'the ‘oleum Centre Kra tays, “in comparison those going dowa at this time last year, hi Creek and-its tributaries, from Titus* |o Oil City, the Dumber of wells on which ling has commenced and which are obw jiflg i» but 93.*' Perhaps at noperiodsioce origin of the trade in petroleum has there such a complete prostratioo of business it section as at present. The general an-i*tion of a rise -xa 'oil during the wintermet with signal disappointment. Oil isHE at the wells at the exceedingly low fig of from $1:80 to $2 00 per barrel* with a ■T proipect for a fail than a rise. Theion far all engaged in the oil business, -ally small well owners and refiners, is/ a»y in the extreme.ingMCIthe 000 to 1 pie' 1thason as«tgnSfielWhofEri$2ihisbea*wapO!on.
Newspaper Details
Erie Observer
Erie, Pennsylvania, US
Thu, Feb 28, 1867
Page 3
Full Page
Clipped by
Carnegie L.
Pennsylvania, USA 27 Sep 2020
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