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By the time he died in 1914, his company owned over 2 million acres of pine forest. [55] Following the onset of the Great Depression, many companies were forced to shut down. Total production of lumber fell at a devastating rate, from 35 billion board feet in 1920 to 10 billion board feet in 1932.
The three most quoted oil products are North America's West Texas Intermediate crude (WTI), North Sea Brent Crude, and the UAE Dubai Crude, and their pricing is used as a barometer for the entire petroleum industry, although, in total, there are 46 key oil exporting countries. Brent Crude is typically priced at about $2 over the WTI Spot price ...
Top 5 oil-producing countries 1980–2022 World oil production. This is a list of countries by oil production (i.e., petroleum production), as compiled from the U.S. Energy Information Administration database for calendar year 2023, tabulating all countries on a comparable best-estimate basis.
A further byproduct called tall oil fatty acid (TOFA) is a cheap source of oleic acid. [219] Tamanu or foraha oil [220] from the Calophyllum tacamahaca, is important in Polynesian culture, and, although very expensive, [220] is used for skin care. [221] Tonka bean oil (Cumaru oil), popular ingredient in cologne, used medicinally in Brazil. [222]
Tall oil, also called liquid rosin or tallol, is a viscous yellow-black odorous liquid obtained as a by-product of the kraft process of wood pulp manufacture when pulping mainly coniferous trees. [ 1 ] [ 2 ] The name originated as an anglicization of the Swedish tallolja ('pine oil'). [ 3 ]
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Pine oil is a higher boiling fraction from turpentine. Both synthetic and natural pine oil consists mainly of α-terpineol, a C10 alcohol (b.p. 214–217 °C). [5] [1] Other components include dipentene and pinene. [6] The detailed composition of natural pine oil depends on many factors, such as the species of the host plant. [7]
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