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Oil has been changing American lives throughout the 1900s and continues to do so today. Oil is made in the rock cycle and then bubbles up in oil springs and wells, but most of it remains in pools underground. The oil companies drill it and sell it making huge profits. It was sold to consumers who used it for many things, such as gas lamps and now transportation. The rock cycle is the system the earth has to break down rocks and decompose plants and animals. The earth has been recycling organic materials for billions of years. On the earths crust there are huge platonic plates that cover and move around the earth. The plates are so big that when they crash together they form mountains and rocks get crushed into small pieces creating rubble. The pressure of the huge plates colliding also melts the rocks. All the rocks then fall to the bottom of the ocean floor. Animal carcasses and decaying plants that have fallen to the bottom of the ocean are covered with the rocks. As the rocks act like a huge barrier for the decaying plants, oil is made from all the organic compounds deteriorating. The oil gathers in big underground pools that are trapped under the rocks. Some of the oil seeps up threw the rocks and onto the land. That is a natural oil spring. These springs are drilled deep for oil. (Source 3) Oil Wells are the one source of oil on the earth. Originally the Native Americans took the oil off the oil spring’s surface. They used it for lamp fuel and lubrication. One of the U.S.’s largest oil wells was first discovered in Titusville, Pennsylvania. Native Americans had been using the spring since 1410 AD. In 1850, George Bissell decided he wanted to sell the oil in the spring. He hired a chemist to analyze the oil and found tha... ... middle of paper ... ...http://www.bydesign.com/fossilfuels/links/html/oil/oil_general.html>. 6. “Oil Use.” 1000 Annotation Links. N.p., n.d. Web. 3 May 2010. . 7. “Tools of the Oil Trade.” The World of Oil. N.p., n.d. Web. 3 May 2010. . 8. Fanning, Leonard M. "John D. Rockeffeller." Titans of Business. Philidelphia and New York: J.B. Lippincott Company, 1964. 75-106. Print. 9. Blair, John M. The Control of Oil. New York: Pantheon Books, First name. N. pag. Print. 10. Bellis, Mary. History of Lighting and Lamps. About, n.d. Web. 14 May 2010. . 11. "Exxonmobile." Answeres. N.p., n.d. Web. 14 May 2010. topic/exxon-mobil-corporation>.
After the Second World War, the world was more interesting in oil than ever before. The conflict itself made the countries of the world realize that oil was a serious factor in the quest for power. From this point in history, oil was considered the driving force behind a successful economy and therefore attaining power. Therefore the quest for oil heightened during and after World War II. In the effort to acquire more oil, many countries began to seek out additional locations to drill and this drove the United States to the Middle East. In late 1943 a man named DeGolyer who was a geologist went on a mission to Saudi Arabia to survey the possibility for oil. His mission there concluded that “the oil in this region is the greatest single prize in all history”. With such a conclusion it is not surprising that the United States began extremely concerned with the oil concessions there.
If you did not produce the oil, then somebody else would be willing to produce the oil. The consequences if the production of the well ran out of weight the reward. “Oilmen were not the only ones who knew that production was often short-lived; bankers quickly learned that no prudent lenders extended a loan on the basis of oil production. It was a reality that oil production started off strong and quickly dropped off within a matter of a couple months. The risk was not worth the reward for either party, which is the bakers or the oilmen.
This area is known as the Permian Basin. Most of the oil is being produced from rocks
Almost every single nation in our world today, the United States included, is extremely reliant on oil and how much of it we can obtain. Wars have started between countries vying for control of this valuable natural resource. The United States as a whole has been trying to reduce its reliance on foreign oil and has had some success, especially with the discovery of the Bakken formation and projects like the Keystone Pipeline. Projects like the Keystone Pipeline are important as they will allow us to transport more oil than we would be able to in train cars, and grant larger access to oil reserves in the United States and Canada. The Keystone Pipeline itself is an oil pipeline which runs from the western Canadian sedimentary basin in Alberta, Canada to refineries in the United States.
Steffy, L. C. (2010). Drowning in Oil: BP and the Reckless Pursuit of Profit. McGraw Hill.
Pratt, Joseph A. “Exxon and the Control of Oil.” Journal of American History. 99.1 (2012): 145-154. Academic search elite. Web. 26. Jan. 2014.
Oil was first discovered in the mid-seventeenth century by Spanish explorers. July of 1543 Spanish explorer Luis de Moscoso saw oil floating on the water in the Galveston Bay (Olien 1). In the beginning there was no market or demand for oil until following the Civil War period, entrepreneurs begin digging wells. The first significant oil discovery in Texas was in 1894 in Navarro County near
Christopher D. O’Sullivan, Colin Powell: American Power and Intervention from Vietnam to Iraq (Lanham: Rowman & Littlefield Publishers, 2009), 62.
Numerous families living in small town America lost their income because of Standard Oil and forced hardship upon many. The legacy of John D. Rockefeller shall always live on as he has permanently shaped how this country looks. He has funded huge advancements in the fields of education and medicine along with starting the events to end lassiez-faire economics. The petroleum industry changed greatly during his career thanks to his research and completely new business methods were thought up of by him, some still in practice today.
Aside from causing a major shift in geopolitical power, WWII also solidified the integral role oil played politically in national security. However, following the war the United States was no longer the world’s largest oil producer and was unable to maintain self-sufficiency as it had in the past. As a national security imperative oil was more important at this point than ever before. America’s war machine needed to be well oiled in case the new Cold War suddenly turned hot.
"Oil Imports and Exports - Energy Explained, Your Guide To Understanding Energy." Web. 26 May 2011. .
" Oil is the life blood of our modern industrial society. It fuels the machines and lubricates the wheels of the world’s production. But when that vital resource is out of control, it can destroy marine life and devastate the environment and economy of an entire region…. The plain facts are that the technology of oil-- its extraction, its transport, its refinery and use-- has outpaced laws to control that technology and prevent oil from polluting the environment…" (Max, 1969). Oil in its many forms has become one of the necessities of modern industrial life. Under control, and serving its intended purpose, oil is efficient, versatile, and productive. On the other hand, when oil becomes out of control, it can be one of the most devastating substances in the environment. When spilled in water, it spreads for miles around leaving a black memory behind (Stanley, 1969).
East oil seeped through the ground and it was used in many ways. It was
Oil is an essential resource in the whole world. People use oil in a variety of ways. The world has used oil for many years and it will still use it as a basic commodity. Oil use can be traced back to 1850s. However, when Edwin Drake produced commercially usable quantities of crude oil from a 69-foot well in Pennsylvania in 1859, he marked a new period that considered oil as a valuable commodity. Oil prices have been inconsistent since 1859. The discoveries of more wells considerably lowered oil prices and made some oil barons abandon the industry. However, oil prices have increased over time because of several factors.
...n. "Twenty Years after the Embargo US Oil Import Dependence and How It Can Be Reduced." Energy Policy 22.6 (1994): 471-85. Print.