-
600 BCE
600 bc
600 .B.C.- The Chinese had first found oil in 600 .B.C., the Chinese used bamboos as pipelines to transport oil. -
1859
1859- Colonel Drake found oil in Pennsylvania in 1859. -
20th century
20th century- With so many technological developments in the 20th-century people realized that oil is one of the best and efficient resources, for machines. -
1901
1901- The Spindletop discovery found oil for Texas in 1901. -
1919
1919- In 1919 oil was used to fuel up ships, airplanes, and other military resources. In world war 1 proved that oil is a critical resource in the world. -
1920
1920- In the 1920s people started using the natural gas that came with the oil and used it for heating and power. -
21 century
Slowly oil started to become a business that earns a lot of money and profit since there is so much demand for oil. One of the biggest oil producers is .U.A.E., most of the money that .U.A.E. has is from the money they earn from the oil they sell. Since people were saying that oil is getting depleted the prices of oil went high with the demand also going high, so basically the producers were earning more money. -
21 century
In this lockdown, we found that oil is actually not getting depleted and there is a lot of oil in the earth. We came to know this because there was no demand and there were so many barrels of oil that people did not have a place to keep them so they paid people to take them. We have come to know that the producers have just told everyone that oil is getting depleted so they can increase the prices of oil so they can make more profit but the truth is we have a lot of oil kept on earth. -
21 century
In the future, there will mostly be only electric cars so there will be very less demand for oil and then Dubai, .U.A.E., and the other oil producers will have very less money and there might be extra oil in the world too. Technology will beat oil. Citation- https://www.ektinteractive.com/history-of-oil/