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Domestic News
April 13, 1908
The White Pine News
Ely, White Pine County, Nevada
What is this article about?
John W. Gates' Texas oil company cuts kerosene to 5 cents/gallon and gasoline to 10 cents/gallon in major towns to drive out Waters-Pierce Oil Co., which matches the prices.
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GATES CUTS KEROSENE PRICE.
His Company Aims to Drive Waters-Pierce Concern From Texas.
AUSTIN, Texas, April 11.--The Texas company, the oil producing and refining concern in which John W. Gates owns a controlling interest, has inaugurated a campaign in an endeavor to drive the Waters-Pierce Oil company out of business in Texas.
Mr. Gates' company has established agencies in the principal towns, and has cut the prices of kerosene to 5 cents a gallon and gasoline to 10 cents a gallon.
The prices which the Waters-Pierce company was receiving were 12 cents a gallon for kerosene and 16 cents a gallon for gasoline. The latter company has met the prices established by Mr. Gates.
His Company Aims to Drive Waters-Pierce Concern From Texas.
AUSTIN, Texas, April 11.--The Texas company, the oil producing and refining concern in which John W. Gates owns a controlling interest, has inaugurated a campaign in an endeavor to drive the Waters-Pierce Oil company out of business in Texas.
Mr. Gates' company has established agencies in the principal towns, and has cut the prices of kerosene to 5 cents a gallon and gasoline to 10 cents a gallon.
The prices which the Waters-Pierce company was receiving were 12 cents a gallon for kerosene and 16 cents a gallon for gasoline. The latter company has met the prices established by Mr. Gates.
What sub-type of article is it?
Economic
What keywords are associated?
Oil Price Cut
Gates Texas Oil
Waters Pierce Competition
Kerosene Gasoline Prices
What entities or persons were involved?
John W. Gates
Where did it happen?
Texas
Domestic News Details
Primary Location
Texas
Event Date
April 11
Key Persons
John W. Gates
Outcome
waters-pierce oil company met the new prices of 5 cents/gallon for kerosene and 10 cents/gallon for gasoline.
Event Details
The Texas oil company controlled by John W. Gates inaugurated a campaign to drive Waters-Pierce Oil company out of business by establishing agencies in principal towns and cutting prices to 5 cents a gallon for kerosene and 10 cents a gallon for gasoline, down from Waters-Pierce's 12 and 16 cents respectively.