Tag Archives: know?

Did you know? Henry Ford caused the petroleum era

Henry Ford, who caused the petroleum era. By JERICAN for OIL-PRICE.NET, 2006/12/28 In 1878 Thomas Edison invented the first electric light bulb. This single invention proved to be so popular that it caused a major recession in the oil industry. … Continue reading

Posted in Oil Prices | Tagged , , , | Leave a comment

Did you know? Oil Shale and Kerogen

By JERICAN for OIL-PRICE.NET, 2007/05/29 Oil shale crude is actually composed of kerogen. It is a waxy organic substance that was formed from algae, plants, vegetation, and all forms of animal life.Through millions of years, covered in layers of sediment, … Continue reading

Posted in Oil Prices | Tagged , , | Leave a comment