Actually, the first oil had been discovered by the Chinese in 600 B.C. and transported in pipelines made from bamboo.
However, Colonel Drake’s heralded discovery of oil in Pennsylvania in 1859 and the Spindletop discovery in Texas in 1901 set the stage for the new oil economy.
Petroleum was much more adaptable and flexible than coal. Additionally, the kerosene that was refined originally from crude provided a reliable and relatively inexpensive alternative to “coal oils” and whale oil for fueling lamps.
Most of the other products were discarded.
With the technological breakthroughs of the 20th century, oil emerged as the preferred energy source. The key drivers of that transformation were the electric light bulb and the automobile.
Automobile ownership and electricity demand grew exponentially and, with them, the oil demand.
By 1919, gasoline sales exceeded those of kerosene. Oil-powered ships, trucks and tanks, and military airplanes in World War I proved the role of oil as not only a strategic energy source, but also a critical military asset.
Prior to the 1920s, the natural gas that was produced along with oil was burned (or flared) as a waste by-product. Eventually, gas began to be used as fuel for industrial and residential heating and power.
As its value was realized, natural gas became a prized product in its own right.
History of the petroleum industry
While the local use of oil goes back many centuries, the modern petroleum industry along with its outputs and modern applications are of a recent origin. Petroleum’s status as a key component of politics, society, and technology has its roots in the coal and kerosene industry of the late 19th century. One of the earliest instances of this is the refining of paraffin from crude oil. Abraham Gesner, developed a process to refine a liquid fuel (which he would later call kerosene) from coal, bitumen, and oil shale, it burned more cleanly and was cheaper than whale oil. James Young in 1847 noticed a natural petroleum seepage when he distilled a light thin oil suitable for use as lamp oil, at the same time obtaining a thicker oil suitable for lubricating machinery. The world’s first refineries and modern oil wells were established in the mid-19th century. While petroleum industries developed in several countries during the nineteenth century, the two giants were the United States and the Russian Empire, specifically that part of it that today forms the territory of independent Azerbaijan. Together, these two countries produced 97% of the world’s oil over the course of the nineteenth century.
The use of the internal combustion engine for automobiles and trucks at the turn of the 20th century was a critical factor in the explosive growth of the industry in the United States, Europe, the Middle East, and later the rest of the world. When diesel fuel replaced steam engines in warships, control of oil supplies became a factor in military strategy—and played a key role in World War II. After the dominance of coal waned in the mid-1950s, oil received significant media coverage and its importance in modern economies increased greatly, being a major factor in several energy crises.
The concern of oil being run out has brought new developments to light such as commercial-scale fracking and the increasing usage of cleaner energy. In the 20th century issues of air pollution led to government regulation. In the early 21st century environmental issues regarding global warming from oil and gas (in addition to coal) makes the industry politically controversial.
Commerce Siam Petroleum: Although the major use of petroleum is for fuel, and petroleum and natural gas are often employed to generate electricity, there are many other uses. Commerce Siam Petroleum.
Vehicles: When thinking of oil, we immediately think of fuel to keep our cars running. However, oil is found in many car parts, including car seats, tires, and bumpers.
Construction: Oil and gas are essential for construction materials such as paint, caulking, roofing shingles, asphalt, and pipes. Moreover, using products derived from petroleum allows for a safer work environment for construction workers, providing them with hard hats, safety goggles, and other equipment. They also allow for more durable projects, with the use of protective coatings and waterproofing.
Clothing: The most commonly manufactured fibers are petroleum-based, such as nylon, polyester, acrylic, and spandex. Fabrics and materials created from petroleum keep us dry and warm in cold weather and cool in hot weather.
Accessories: Many everyday accessories are derived from various plastics, such as handbags, sunglasses, phone cases, jewelry, and many others. All of these come from petroleum.
Fuels: Fuels are essential in our modern lives. They allow us to cook our foods, heat or cool our housing, and make high-speed land, sea, and air transportation possible.
Household: We might not realize it, but in our homes, we are surrounded by products containing oil and gas derivatives, including cooking tools, domestic appliances, and cleaning products.
Beauty: Some beauty products are derived from petroleum, such as nail polish, perfumes, some make-up, and hair colorings. Some products used daily, such as soap, toothbrushes, and shampoo, are also made from oil.
Medical: Many of the medical equipment used today which are life-saving devices are made from oil. Not only are heart valves and artificial limbs made from petroleum, but also many of the cleaning and safety products medical personnel use. Aspirins and other pharmaceuticals also contain petroleum.
Furniture: Most of our furniture has some components derived from oil. This is true for any synthetic furniture, as well as furniture containing an oil finish.
Petroleum: Petroleum can be found in many types of sporting equipment: surfboards, basketballs, and skate wheels, to name but a few. Many times, the materials derived from oil and gas used in sporting equipment also contribute to the safety of the players.
Electronics: Most electronics, from TVs to computers and cell phones, contain plastics. In some cases, these plastics prevent any safety hazards. Electronics are now indispensable to our daily lives, and oil and gas play a central role in making this possible.
Office: Our office spaces are filled with oil-derived materials which help us in our everyday work and enable us to deliver the best products: all electronics, most furniture, and even printer ink all contain petroleum.
Toys: Many of the toys children play with are made from oil-based plastics. Legos, dolls, frisbees, crayons and markers, and balloons are all made from or with plastic components, as do many other childhood items such as car seats or buggies.
Agriculture: For the agriculture industry to run smoothly, it uses various fertilizers, herbicides, and insecticides to protect the products from invasive plants or insects. Many of these products contain petroleum in some fashion.
Commerce Siam Petroleum
unit covers procurement, import, export and international trade in several products including: crude oil, condensate, LPG, petroleum and petrochemical products, chemical solvents, crude palm oil, refined palm oil, palm kernel shells and other commodities.