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Oil field in California, 1938. The modern history of petroleum began in the nineteenth century with the refining of paraffin from crude oil. The Scottish chemist James Young in 1847 noticed a natural petroleum seepage in the Riddings colliery at Alfreton, Derbyshire from which he distilled a light thin oil suitable for use as lamp oil, at the same time obtaining a thicker oil suitable for ...
Crude oil production Natural oil seeps such as this in the McKittrick area of California were used by the Native Americans and later mined by settlers.. The history of the petroleum industry in the United States goes back to the early 19th century, although the indigenous peoples, like many ancient societies, have used petroleum seeps since prehistoric times; where found, these seeps signaled ...
Petroleum [a] is a naturally ... crisis of 2007–2008, and the more recent 2013 oil supply glut that led to the "largest oil price declines in modern history" in ...
Location of United States petroleum refineries, 2012. The United States petroleum refining industry, the world's largest, is most heavily concentrated along the Gulf Coast of Texas and Louisiana. In 2012, US refiners produced 18.5 million barrels per day of refined petroleum products. [18] Of this amount, 15 percent was exported. [19]
The petroleum industry, also known as the oil industry, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products.
Coined from Medieval Latin, the word petroleum (L. petra, rock + oleum, oil) initially denoted types of mineral oil derived from rocks and stones. [7] [8] In Britain, Petrol was a refined mineral oil product marketed as a solvent from the 1870s by the British wholesaler Carless Refining and Marketing Ltd. [9]
Robert Augustus Chesebrough (/ ˈ tʃ iː z b r oʊ /; [1] January 9, 1837 – September 8, 1933) was an American chemist who discovered petroleum jelly—which he marketed as Vaseline—and founder of the Chesebrough Manufacturing Company.
Continental Oil Co., C.A.T.C., Gulf of Mexico, 1955. The Age of Oil, [1] also known as the Oil Age, [2] [3] the Petroleum Age, [4] [5] or the Oil Boom, refers to the era in human history characterised by an increased use of petroleum in products and as fuel.