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Ohio oil production peaked in 1896 at 24 million barrels, but Ohio continued as the leading oil state until 1902, when that title was taken by Oklahoma. [4] The Trenton limestone produced more than 380 million barrels of oil and 2 trillion cubic feet of gas, peaking in 1896 at 23.9 million barrels of oil.
The Standard Oil Company (Ohio) was an American petroleum company that existed from 1870 to 1987. The company, known commonly as Sohio , was founded by John D. Rockefeller . [ 4 ] [ 2 ] It was established as one of the separate entities created after the 1911 breakup.
David Kirk was elected the first president. He was succeeded in 1896 by James W. Lee. The company sold illuminating oil in Philadelphia and New York City. They also built bulk terminals in Amsterdam and Hamburg and competed in Europe with Standard Oil, the Nobel and Rothschild families, and Deutsche Bank. Pure Oil Producing Co. was incorporated ...
American petroleum refining largely grew out of oil shale refining. When the Drake Well started producing in 1859, the oil shale industry was growing rapidly, and establishing refineries near cannel coal deposits along the Ohio River Valley. As oil production increased, the oil shale refiners discovered that their refining process worked just ...
Emory Clark sold his interest in the company in 1981 to Apex Oil, a St. Louis, Missouri–based company. In 1985, Apex decided to sell Clark Oil. By 1987, Clark and Apex were bankrupt. [1] In 1992, a division of Toronto-based Horsham Corp. bought Clark Oil and Refining, which included the two refineries and around 1,000 gas stations.
The Trump administration is threatening a 25% tariff on all imports from Canada and Mexico as soon as Saturday — a move that would almost immediately impact car dealerships and factories in the ...
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