Petroleum: Timeline

1854   Chemistry Professor Professor

The meaning of the word professor varies.... 

 Benjamin Silliman, of Yale University Yale University

Yale University is a private university in New Haven, Connecticut [i]. ... 

 is the first to fractionate petroleum by distillation.

1901   The first great Texas Texas

Texas is a state [i] in both the Southern [i] and Western [i] ... 

 gusher, oil Petroleum

Petroleum or crude oil is a black, dark brown or greenish liquid [i] found in porous rock formati ... 

 discovered at Spindletop in Beaumont, Texas

1908   Discovery of oil Petroleum

Petroleum or crude oil is a black, dark brown or greenish liquid [i] found in porous rock formati ... 

 deposits near the Persian Iran

Throughout history, Iran has been of great geostrategic [i] importance because of its centr ... 

 city of Abadan.

1922   Teapot Dome scandal: United States Secretary of the Interior leases Teapot Dome oil Petroleum

Petroleum or crude oil is a black, dark brown or greenish liquid [i] found in porous rock formati ... 

 reserves in Wyoming Wyoming

Wyoming is a state [i] of the western [i] United States [i]. ... 

.

1938   Oil Petroleum

Petroleum or crude oil is a black, dark brown or greenish liquid [i] found in porous rock formati ... 

 is discovered in Saudi Arabia Saudi Arabia

The Kingdom of Saudi Arabia is the largest country on the Arabian Peninsula [i]. ... 

.

1938   Mexico Mexico

The United Mexican States, generally known as Mexico is a country [i] located in North America [i] ... 

 nationalizes all foreign-owned oil Petroleum

Petroleum or crude oil is a black, dark brown or greenish liquid [i] found in porous rock formati ... 

 properties within its borders.

1963   King Fahd University for Petroleum and Minerals is established by a Saudi Royal Decree as the College College

College is a term most often used today to denote an educational [i] institution [i]. ... 

 of Petroleum and Minerals.

1971   Representatives of 23 western oil companies begin negotiations with OPEC OPEC

The Organization of the Petroleum Exporting Countries is a cartel [i] made up of Algeria [i], Indonesia [i] ... 

 in Tehran Tehran

Tehran , population 7,160,094 , and a land area of 658 square kilometers, is the capital city of [[Iran]... 

 to stabilize oil Petroleum

Petroleum or crude oil is a black, dark brown or greenish liquid [i] found in porous rock formati ... 

 prices. February 14 they sign a treaty with six Persian Gulf Persian Gulf

[i] region, is an extension of the [[Gulf of Oman]... 

 countries.

1974   Oil embargo crisis: Most OPEC OPEC

The Organization of the Petroleum Exporting Countries is a cartel [i] made up of Algeria [i], Indonesia [i] ... 

 nations end a 5-month oil Petroleum

Petroleum or crude oil is a black, dark brown or greenish liquid [i] found in porous rock formati ... 

 embargo against the United States United States

The United States of America, also known as the United States, the U.S., the U.S.A., a... 

, Europe Europe

Europe is one of the seven traditional continent [i]s of the Earth [i]. ... 

 and Japan Japan

is an island country [i] in East Asia [i]. ... 

.

1979   Iran hostage crisis Iran hostage crisis

The Iran hostage crisis was a 444-day period, during which student proxies of the new Iranian regime [i] ... 

: In response to the hostage situation in Tehran Tehran

Tehran , population 7,160,094 , and a land area of 658 square kilometers, is the capital city of [[Iran]... 

, U.S. President Jimmy Carter Jimmy Carter

James Earl "Jimmy" Carter, Jr. was the 39th President of the United States [i] and the Nobel Peace laureate [i] ... 

 orders a halt to all oil Petroleum

Petroleum or crude oil is a black, dark brown or greenish liquid [i] found in porous rock formati ... 

 imports into the United States United States

The United States of America, also known as the United States, the U.S., the U.S.A., a... 

 from Iran Iran

Throughout history, Iran has been of great geostrategic [i] importance because of its centr ... 

.

1980   During a summit on the island of Bali Bali

Bali is an Indonesia [i]n island [i] located at , one of the Lesser Sunda Islands [i], and one of the co... 

, OPEC OPEC

The Organization of the Petroleum Exporting Countries is a cartel [i] made up of Algeria [i], Indonesia [i] ... 

 decides to raise the price of petroleum by 10%.

1982   The United States United States

The United States of America, also known as the United States, the U.S., the U.S.A., a... 

 places an embargo on Libya Libya

Libya , officially the Great Socialist People's Libyan Arab Jamahiriya [i] , is a country in North Africa [i] ... 

n oil Petroleum

Petroleum or crude oil is a black, dark brown or greenish liquid [i] found in porous rock formati ... 

 imports, alleging Libyan support of terrorist groups.

1989   Exxon Valdez oil spill Exxon Valdez oil spill

The Exxon Valdez oil spill was one of the most devastating environmental disasters to ever occur at sea.... 

: In Alaska Alaska

Alaska is a U.S. state [i], located on the northwest tier [i] of North America [i] ... 

's Prince William Sound the ''Exxon Valdez Exxon Valdez

Exxon Valdez was the original name of an oil [i] tanker [i] owned by the former Exxon [i] ... 

'' spills 240,000 barrels (11 million gallons) of oil Petroleum

Petroleum or crude oil is a black, dark brown or greenish liquid [i] found in porous rock formati ... 

 after running aground.

1992   The Greek oil Petroleum

Petroleum or crude oil is a black, dark brown or greenish liquid [i] found in porous rock formati ... 

 tanker ''Aegean Sea'', carrying 80,000 tonnes of crude oil, runs aground in a storm while on approach to La Coruņa, Spain Spain

Spain, officially the Kingdom of Spain , is a Europe [i]an parliamentary monarchy [i]. ... 

, and spills much of its cargo.