Evening Republican, Volume 23, Number 177, Rensselaer, Jasper County, 24 July 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 whs struck in the Drake well, near Titusville, in northwestern Pennsylvania. 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 barrels in excess of the 1918 record.