-
Oil Industry Operations From Exploration to Marketing
A little known anniversary passed in 2013, which marked a hundred years since the first purpose-built, drive-up gas station was opened. The oil industry has been around for over a hundred and fifty years, since John D. Rockefeller founded the Standard Oil Company in 1865, becoming the first oil “baron”. Industry operations are commonly divided…
-
House Passes Bill That Could Alter Oil Industry Significantly
The Republican-controlled House of Representatives passed legislation on Thursday (12/3) that could change the landscape of the currently struggling oil and gas industry. The bill, which passed 249-174 despite veto threats from the White House, would lift a four-decade ban on exporting crude oil, modernize the electric grid, and boost overall U.S. energy production, according…
-
How Much Do You Understand About the Oil Industry?
It has been more than 100 years since the first drive up gas station opened. Ever since 1913 people have been relying on the oil industry to provide the gasoline that is available at gas stations which can now be found throughout America and around the world. The oil industry is often the center of…