Evening Republican, Volume 23, Number 154, Rensselaer, Jasper County, 26 June 1920 — History of Petroleum Industry. [ARTICLE]

History of Petroleum Industry.

The story of the petroleum industry In the United States dates back to 1859, when, on August 28, oil wa® struck In the Drake well, near Titusville, In northwestern Pennsylyanla. When the pumping began the oil flowed in a tiny stream of 40, and later only 15, barrels a day; 5,000,000 barrels were produced in 1870, 26,000,000 In 1880, 45,000,000 In 1890, 63,000,000 In 1900, 209,000,000 in 1910 and 356,000,000 barrels in 1918. The output last year- Is perhaps 30,000,000 barrel® in excess of the 1918 record. Charity and bookbinders cover • multitude of sins. ‘