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This paper takes a look at the oil industry. The paper reports that the history of the oil industry dates back to the earliest civilizations of the Middle East. According to the paper, there are inscriptions, that originated from Mesopotamia, describing the use of oil from as far back as 4000 B.C.E. The paper also reports that in the United States, the invention of the kerosene lamp led to the formation of the first American oil company, Pennsylvania Rock Oil Company, founded in New Haven, Connecticut, in 1854.
Sample of Sources Used:
- Boatwright, M.C. Tales from the Derrick Floor: A People's History of the Oil Industry. New York: Doubleday, 1970.
- Fanning, Leonard M. Men, Money and Oil: The Story of an Industry. Cleveland, OH: World Publishing, 1966.
- Plummer, William B. The Story of Petroleum: A History of the Development of Crude Oil and Its Products. Chicago: Encyclopedia Britannica Press, 1955.
Cite this Term Paper:
The Oil Industry (2007, April 25) Retrieved February 21, 2020, from https://www.academon.com/term-paper/the-oil-industry-94295/
"The Oil Industry" 25 April 2007. Web. 21 February. 2020. <https://www.academon.com/term-paper/the-oil-industry-94295/>