Production and marketing of crude
In April, 1873, when the collapse of the Petroleum Producers' Agency and the surging output of Clarion, Butler, and Armstrong counties in the Regions had dimmed any early prospect of cutting back production, the Titusville Morning Herald ( April 30, 1873) took occasion to sound an optimistic note. Under the heading "Is Petroleum a Necessity?" the paper stated, "The production of petroleum has now become of such commercial and social importance to the world that if it were suddenly to cease no other known substance could supply its place, and such an event could not be looked upon in any other light than of a widespread calamity."
There was more than a germ of truth in the opinion expressed by the Regions' leading newspaper. Within the short space of thirteen years, kerosene had become firmly established as a leading illuminant, espe-