The Archive · 1920

A New Oil Town in Wyoming

Oct. 30.—Casper, Wyoming, hag become the new Bayonne of the oil industry. Its position in r+ lation to the great high grade oil fields of the Northwest is similar to that of Bayonne to the old Pennsylvania fields, but Casper has a decided advantage over Bayonne in at least one respect, its much greater nearness to sources of crude onl supply.

The oil refining industry in this city is not much more than five years old, but Casper is now the second largest trafic point west of Cnicago on. the Chicago & Northwestern and the third largest on the Chicago, Burlington and Quincy, says the "Wall Street Journal" From a typical cattle and sheep town it has developed along substantial and permanent lines because of the new prosperity coming from the big Midwest "Refining plant located here, S. O. Inpians Arreorep, If Wall Street and eastern investers generally ould visualize the great expansion going on at Casper and the vast amount of eld work at Salt Creek and other elds, all of which is being paid for out of earnings and without recourse to note or stock issues, they would readily appreciate that Midwest Refining and Standard Oil of Indiana stocks are selling much be-tow their actual value, At Casper the Midwest Refining Company is runing 67 crude oil stills, and has several additional ones under construction. It has 12 steam stills in operation and is building nine more, Alongside this plant is the Standard Oil Company of Indiana's Casper refinery, where there are 12 Burton stills in operation.

Text read from the printed page and cleaned; old type leaves the occasional error.

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