The Evolution of the Oil Industry (Classic Reprint)

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Excerpt from The Evolution of the Oil IndustryOrganized industry means something entirely dif ferent from a system aiming at quick and enormous profits. It is based on a definite theory of scientific effort, whereby all the possibilities of a given re source are developed to their fullest degree, so that waste ceases, the value of the worker's labour is in creased with benefits to himself, and the consumer receives the blessings of nature's dower at the lowest reasonable cost. As the ensuing chapters show, the accomplishment of these objects in the case of pe troleum has involved much more than the appli cation of the physical sciences to manufacturing processes. It has meant the development of sys tematized methods in discovery and location, trans portation and distribution, so that from the mo ment oil is struck, in say a barren patch of prairie, until any one of the many products of crude petro leum is placed in the hands of the consumelbhere, or in some distant isle of the sea - there shall be no waste and no injustice, and that all the hands through which it passes shall reap a just benefit.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.