Article

2019-08-29 Economy

How The Birth Of The Oil Industry Saved Whales And Propelled Today's Prosperity

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Posted by Besoeker 2019-08-29 00:16|| || Front Page|| [9 views ] Top

#1 "Kier’s Rock Oil" in 8-ounce jars for 50 cents each
Thats a bit over $16.00 in todays coin. And an average laborer working 60 hrs a week made about $5.90 per week way back then.

Posted by Classer 2019-08-29 03:08|| 2019-08-29 03:08|| Front Page Top

#2 Of course, if we ever got the Green Bad Deal, there'd be no electricity to run the teevees and movie theaters and the proles would not have money for streaming subscriptions. Like all good communists, the Hollyweird crowd assumes this will not affect their lifestyles a whit...

Posted by M. Murcek 2019-08-29 07:03|| 2019-08-29 07:03|| Front Page Top

#3 And very Happy Birthday to all who ever slung either pipe or deal. Keep in mind that it was 10 years earlier that the US Government first warned of declining hydrocarbon resources...10 YEARS BEFORE THE 1ST OILWELL WAS EVEN DRILLED!

I think we can obviously conclude the only thing better than an expert is a government expert.

Posted by Cesare 2019-08-29 08:19|| 2019-08-29 08:19|| Front Page Top

#4 Here's one for Cesare.

Posted by Besoeker 2019-08-29 08:23|| 2019-08-29 08:23|| Front Page Top

#5 On a side note, the entire bureaucracy known as the Department of Energy was created due to the Arab oil embargo because of America's support of Israel in '73. We've 'drilled' ourselves out of that situation. The entire rational for DoE is now defunct. Peel out the old Atomic Energy Commission and dissolve the entire department.

Posted by Procopius2k 2019-08-29 09:03|| 2019-08-29 09:03|| Front Page Top

#6 Lubrication was an important driver. With the onset of the Age of Steam™ there was a need for greasy "stuff": animal grease, whale grease, etc. were just not keeping up with the demand. There was even a trade in Palm Oil (Note that the current "sustainable" Palm Oil was deemed too big a hassle in the 1800's! Take That! you Greenies wanted to fill the Third World with eco-fuel plantations). Petroleum-based greases filled that void nicely.

Posted by magpie 2019-08-29 11:36|| 2019-08-29 11:36|| Front Page Top

#7 Spent a summer engineering internship at Pennzoil in Oil City, PA. They still believe they have the highest quality oil in the world.

Posted by Chath Angens8595 2019-08-29 15:29|| 2019-08-29 15:29|| Front Page Top

#8 I'm still in the oilfield, don't sling pipe but have been MWD, Mudlogger and atm am on a special project Schlumberger calls the Rig of the Future.

Whee:)

Posted by Silentbrick 2019-08-29 16:36|| 2019-08-29 16:36|| Front Page Top

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