Evening Republican, Volume 21, Number 209, Rensselaer, Jasper County, 12 September 1918 — MONTH’S SUPPLY OF GASOLINE [ARTICLE]

MONTH’S SUPPLY OF GASOLINE

GARFIELD PREDICTS 1,000,000 BARRELS SHORTAGE “ JANUARY 1. Washington, Sept. 11.—Fuel Administrator Garfield informed the Senate today in ' response to the Lodge resolution of inquiry that unless conservation steps are taken immediately there would ibe a deficit of approximately 1,000,000 barrels of gasoline at the end of the year. He estimated that there was only about one month’s supply ahead. Daily domestic consumption of gasoline in this country, Dr. Garfield reported, amounts to 160,000 barrels, and 34,000 barrels are exported daily. Daily protection is 191,000 barreds, leaving a deficit of 3,000 barrels. Gasoline and naphtha stocks Jan. 1 last totaled. 8,400,000 barrels, which by April 1 had been increased to 11,000,000 barrels. By Aug. 1 this supply had fallen to 7,800,000 barrels. Total reduction in the stock of gasoline and naphtha during July was approximately 1,367,000 barrels, or approximately 44,000 barrels daily.