Oil Production Gains Reported Across States
The American Petroleum Institute reports weekly oil production gains in several regions. US daily average output for the week ending December 18 was 1,290,876 barrels, up from 1,291,220 for December 11.
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Newspaper
Casper Daily Tribune
Location
Casper, Wyoming, United States of America
Date
Dec 28, 1920
Page
4
The American Petroleum Institute reports weekly oil production gains in several regions. US daily average output for the week ending December 18 was 1,290,876 barrels, up from 1,291,220 for December 11.
Havre to Paris pipeline project starts this month with 126 miles of pipe laid three feet underground. Ten 236000 barrel tanks will be placed at Havre and Paris, six pumping stations along the route, and trenching machines from the American army will aid construction.
An advertisement claims Reolo rebuilds nerve strength and blood vitality after semi starvation. It asserts improved appetite, color returning to skin, and heightened nerve control, urging readers to try a $1 box from Kimball lying store and other retailers.
A Klamath County drill near Klamath Falls reports a paraffin oil showing and potential little production, with casing set to stop water flow before reaching a sand that may yield crude. The Osage field by the Dakota Mining Oil Co. has five wells producing from five drilled on sections 6 and 6 in township 46, range 68, marking a solid early run.
Flames from the Midest and partners gas well burn fiercely as strong winds sweep the Buffalo Basin scene. Analysts say fire surges leap hundreds of feet with shifting gusts, making extinguishment nearly impossible. Across Edgemont, a new strike loiters with delayed tankage and stalled tool runs due to missing shipments.
The New York Oil company proposes a limited stock sale at 46 dollars per share with a 2 dollar cash dividend per share, purchasable before January 1, 1921. It guarantees 66 dollars a share by July 15 1921 if market is below 65. Purchasers paid 45 to 46 dollars now. Frank G. Curtin, president, must approve each application.
Casper Chamber of Commerce rebutts reports of large arriving workmen and a 2000 man deficit. The survey finds some idle men despite overall prosperity, aiming to prevent misled influx from exaggerated notices in eastern papers.
Funeral services for the infant daughter of Mr. and Mrs. Frank Bush were held at Bowman chapel Monday afternoon at 2 40 o clock. Interment followed at the local cemetery. A local adage notes that children are the only luxuries the poor can afford.
Notice states Natrona Transfer Storage & Fuel Company was incorporated in Wyoming on December 21 2020 at 9 am for fifty years. Purpose is general transportation and fuel business. Capital stock set at 1500 shares of 100 dollars each. Board of three directors J Biederman Hal Curran Mab iee to govern first year. Publication dates December 28 29 90.
The Wall Street Journal notes investors prefer oil securities over other stocks as a spring and summer premium is anticipated. It cites oil business strength from wartime gains and notes public finance efforts by Standard Oil of California and New York signaling oil’s growing scale and need for public participation.
Senator McCumber of North Dakota, the lone Republican to back the Versailles treaty and League, told President Harding to pursue a separate association of nations, arguing the League is effectively dead for the United States.
Judge W. Potter will serve as chief justice for six years while Judge Kimball, the youngest supreme court appointee since statehood, joins the bench. The article notes constitutional rules for chief justice and outlines how vacancies could affect leadership in the court. Judge Blydenburgh and Judge Beard figures are discussed along with prior service and legislative background.
An AP report states the Mayflower yacht burned at the navy yard. Secretary Daniels said damage amount not yet determined. The fire was stopped before the state dining room and the president's quarters. eight reporters were detained briefly before being released.
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