economic development and conditions
Essay specific features
November 20, 2012
No of pages / words:
3 / 664
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Edwin Laurentine Drake drilled the first successful oil well in 1859 in Titusville, Pennsylvania, and created an industry that would go on to make petroleum the most significant single economic factor to date over the entire history of the world. Industries not possible without petroleum and its derivatives now dominate world economy...
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Industries not possible without petroleum and its derivatives now dominate world economy.
Petroleum exists within the substrata of the earth in a number of forms depending on the hydrocarbon source, maturation process, elemental exposure, and the temperature and pressure of the reservoir. Crude oil is the most common form of petroleum and may range in specific gravity from being as light as 0...
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