History of the Oil Industry

Oil

The oil industry has been around for many millennia now. In the Middle

East oil seeped through the ground and it was used in many ways. It was

used to waterproof their ships, painting, and even for light. But the rest of

the world, for some time, had relied on another oil produced by whales. But

overtime the modern world had slowly reverted back to using oil from the

ground. As the industry of refining crude oil arose, many people started small

firms. But one man had a much greater vision, John D. Rockefeller, as his

strength in the oil world grew to unheard of proportions, many of the smaller

Businesses were dying off. Manny people and companies started to protest

Rockefeller’s enormous control of the market. Eventually, his company was

forced to brake up by the United States Supreme Court. In the present, there

are many oil companies and there isn’t one monopoly. These companies are

finding new ways to drill for oil and also refine it more efficiently to ensure that

the oil industry will stretch much further into the future.

As humanity slowly started to grow into the modern civilization that it is

today there were many things it needed to master. For a long time fire was the

primary tool of choice, but as people grew more intelligent they began to seek

new ways of lighting and energy. At first oil was used to waterproof ships,

pots, and crate paintings. The Greeks had also mastered oil to create and

awesome weapon from it. It was called "Greek Fire" they would compress the

oil and shoot it out of a tube onto enemy ships, as it was being shoot out it

was lit on fire. This caused great damage to enemy ships, but also made the

Greeks seems immensely powerful. But over time, the use of oil was overshadowed by the use of whale oil. At the time it was fairly inexpensive and extremely plentiful. But over time, the demand for oil grew so large, that the wails were being over killed and the supply began to dwindle driving prices to raise immensely.

As the old way of fueling their energy needs ran out, there was a search for a new way. This is where crude oil was re-introduced. To light there lamps whale oil was no longer needed, but kerosene was now being used widely.