Output of crude and the spread of production
A general impression of the output of crude, which formed the base for the expansion of the industry over the period of 1862-73, may be gained from Chart 6:1. Although inadequate for some types of analysis, the charted data adequately reflect major trends.* With minor deviations, annual output of crude advanced gradually from about 3 million barrels in 1862 to over 5 million in 1870 and 1871. In 1873 it almost doubled to nearly 10 million barrels, a level nearly three times as great as the peak outputs in the years through 1868.
____________________-117-
Questia, a part of Gale, Cengage Learning. www.questia.com
Publication information:
Book title: The American Petroleum Industry:The Age of Illumination, 1859-1899.
Contributors: Harold F. Williamson - Author, Arnold R. Daum - Author.
Publisher: Northwestern University Press.
Place of publication: Evanston, IL.
Publication year: 1959.
Page number: 117.
This material is protected by copyright and, with the exception of fair use, may not be further copied, distributed or transmitted in any form or by any means.
One moment ...
- Georgia
- Arial
- Times New Roman
- Verdana
- Courier/monospaced
Reset