Podcast
Questions and Answers
What was gasoline primarily considered before the development of the internal combustion engine?
What was gasoline primarily considered before the development of the internal combustion engine?
- A major source of energy
- An essential lubricant
- A useless byproduct (correct)
- A significant component of lighting
In which decade did Karl Benz begin commercial production of internal combustion cars?
In which decade did Karl Benz begin commercial production of internal combustion cars?
- 1860s
- 1880s (correct)
- 1870s
- 1890s
What challenge did early gasoline face that hindered its use prior to the internal combustion engine?
What challenge did early gasoline face that hindered its use prior to the internal combustion engine?
- High cost of production and refining
- Instability and difficulty in controlling ignition reactions (correct)
- Limited range of potential applications
- Lack of availability in oil-producing areas
What was a common disposal practice for gasoline in the 1800s in the USA?
What was a common disposal practice for gasoline in the 1800s in the USA?
What process was necessary to make gasoline a viable source of fuel?
What process was necessary to make gasoline a viable source of fuel?
What was one of the main reasons Karl Benz needed to establish connections with others who had internal combustion engines?
What was one of the main reasons Karl Benz needed to establish connections with others who had internal combustion engines?
Which businessman founded Standard Oil in the late 1800s and controlled a significant portion of the refining industry?
Which businessman founded Standard Oil in the late 1800s and controlled a significant portion of the refining industry?
What political aspect significantly influenced gasoline and oil during the emergence of the fuel market?
What political aspect significantly influenced gasoline and oil during the emergence of the fuel market?
What was the original source of gasoline for Karl Benz's internal combustion engine vehicle?
What was the original source of gasoline for Karl Benz's internal combustion engine vehicle?
What was one significant outcome of the establishment of Standard Oil in the context of world oil refining capacity?
What was one significant outcome of the establishment of Standard Oil in the context of world oil refining capacity?
What major change did the invention of the internal combustion engine bring to automobiles in the early 20th century?
What major change did the invention of the internal combustion engine bring to automobiles in the early 20th century?
How did the introduction of the assembly line impact automobile production?
How did the introduction of the assembly line impact automobile production?
Which of the following was a consequence of the increasing demand for automobiles?
Which of the following was a consequence of the increasing demand for automobiles?
What strategic role did gasoline play in warfare?
What strategic role did gasoline play in warfare?
Which development in oil exploration did the increasing demand for gasoline lead to in the USA?
Which development in oil exploration did the increasing demand for gasoline lead to in the USA?
What did the breakup of Standard Oil result from?
What did the breakup of Standard Oil result from?
In what way did post-WW2 oil countries assert their influence over oil production?
In what way did post-WW2 oil countries assert their influence over oil production?
How did Henry Ford's production methods revolutionize the automobile industry?
How did Henry Ford's production methods revolutionize the automobile industry?
What was a primary motivation behind the 1953 coup against Iranian premier Mohammed Mossadeq?
What was a primary motivation behind the 1953 coup against Iranian premier Mohammed Mossadeq?
What significant economic event occurred as a result of the OPEC oil embargo in 1973?
What significant economic event occurred as a result of the OPEC oil embargo in 1973?
What environmental issues are associated with oil extraction and transportation?
What environmental issues are associated with oil extraction and transportation?
Which company became the largest player in the Canadian oil industry in the late 1800s?
Which company became the largest player in the Canadian oil industry in the late 1800s?
What was the original purpose of Petro Canada when it was established?
What was the original purpose of Petro Canada when it was established?
What problem does OPEC face regarding its members' interests?
What problem does OPEC face regarding its members' interests?
Why did Petro Canada ultimately never make a profit?
Why did Petro Canada ultimately never make a profit?
Which government was responsible for selling 50% of Petro Canada in the 1980s?
Which government was responsible for selling 50% of Petro Canada in the 1980s?
Flashcards
Gasoline's Early Use
Gasoline's Early Use
Gasoline was initially a byproduct of kerosene production, and had limited use due to instability before the internal combustion engine.
Gasoline's Early Disposal
Gasoline's Early Disposal
In the US during the 1800s, excess gasoline was frequently disposed of, often in rivers and fields.
Internal Combustion Engine's Impact
Internal Combustion Engine's Impact
The development of the internal combustion engine significantly increased the demand and usefulness of gasoline as a fuel.
Gasoline's Stability Problem
Gasoline's Stability Problem
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Early Use of Oil
Early Use of Oil
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Bertha Benz's Journey
Bertha Benz's Journey
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Gasoline's Impact on Markets
Gasoline's Impact on Markets
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William Knox D'arcy
William Knox D'arcy
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John D. Rockefeller
John D. Rockefeller
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Standard Oil's Monopoly
Standard Oil's Monopoly
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Standardized Oil Breakup
Standardized Oil Breakup
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Internal Combustion Engine
Internal Combustion Engine
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Model T
Model T
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Assembly Line
Assembly Line
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Oil Exploration Expansion
Oil Exploration Expansion
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Gasoline in War
Gasoline in War
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Oil as Strategic Resource
Oil as Strategic Resource
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Suburban Spread
Suburban Spread
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1953 Iranian Coup
1953 Iranian Coup
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OPEC
OPEC
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Oil Embargo (1973)
Oil Embargo (1973)
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Petro Canada
Petro Canada
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Crown Corporation
Crown Corporation
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Imperial Oil
Imperial Oil
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Oil Industry Environmental Concerns
Oil Industry Environmental Concerns
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Privatization of Petro-Canada
Privatization of Petro-Canada
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Study Notes
The History of Oil and Gasoline
- Oil and gasoline are crucial components of the capitalist economy
- Initially, gasoline was a byproduct of kerosene production, and used in lamps and lighting, and some engines
- Demand for gasoline was high
- Early gasoline was unstable and difficult to control.
- In the 1800s, gasoline was frequently dumped in the US, especially in Ohio and Pennsylvania.
- Initially, gasoline had limited uses.
Internal Combustion
- In the 1870s, internal combustion cars were developed in Germany.
- Karl Benz began commercial production by the mid-1880s
- Bertha Benz made a journey, demonstrating practicality for the internal combustion engine
- Karl Benz built the first internal combustion engine vehicles.
- Gasoline was needed to fuel the early cars.
The Impact of Gasoline
- Gasoline and oil became very political due to their importance.
- William Knox D'Arcy recognized Persia's oil resources and developed the oil industry there.
- D'Arcy aimed for a monopoly in middle eastern oil.
- John D Rockefeller played a critical role in the oil industry.
Technology
- Internal combustion engines were superior to previous technologies
- Henry Ford's Model T popularized automobiles and used the assembly line.
- Assembly lines increased production speed.
Society
- Cars provided new possibilities for commuting.
- Cars led to more suburban living.
- Increased gas demand led to greater exploration.
Politics
- Oil became a strategic resource and source of international conflict
- The US and UK interfered in Iran to secure oil resources and control prices.
- OPEC was formed for controlling the global price and supply of oil.
- Oil played a role in conflicts and economic crises, e.g., the 1973 oil crisis
- The oil industry's influence affected government policies.
Petro Canada
- Petro Canada was originally a crown corporation.
- Petro Canada aimed to gain independence in the Canadian oil industry, but later became privatized.
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