The Archive · 1928

The Gasoline War

To the Edi motorists are with great" interest following your Teaders and correspondence, appearing lately in connection with the "Gasoline War," which has already resulted in an important reduction of price of motor fud.

How the Petroleum Giants Monopoly could be broken in regard to the gasoline, can clearly be seen from the parallel ease in connection with kerosene, Until a few years ago, the Standard Oil Ca, the the Texas Ca betwee ined at any lower price 86 per case of two five: Unly a comparatively short time ago, a few Shanghai business men and some "indepen-producers in America have port kerosene into this country. The results were not long. in appearing, the prices have gradually been reduced and at present the market price of kerosene has fallen to Jess than Mex. $4 per case, ie. it, is now by 3% per cent. lower' than it formerly was. Thus the monopoly so long enjoyed by the two-three of the oil fields had been virtually broken and there are now many different marks and brands of kerosene obtainable at a reasonable price, There is no doubt, that once the pressure has begun to be exer in regard to gasoline, the result be felt soon and the price wil regulated by competition and will attain a reasonable level, am, ete.

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

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