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what was oil used for before power
illumination and lubrication
Source of oil before petroleum
animal fat
drawback to using animal fat
smoky and smelly
What do whales represent
a flow of energy in human history and the global environment
Crews on whaling expeditions
multi-ethnic crews of free laborers, not slaves
US whaling characterization
geographically focused
boom was rapid, brief, spectacular, followed by bust
whaling commodities
baleen
oil
ambergris
overall average returns from US whaling
14%
innovative financing in US whaling
lay system
women become important investors
lay system
financier, boat owner, and crew had a specified share in overall profit of voyage
What influence gets women to be investors in whaling
Quaker
innovative technology in whaling
bigger and better boats
better cartography
improved winches and harpoons
winches impact
lowering size of crew
Why did whaling go bust
cheap oil underground
competition from jobs on land
over hunting of whale pods
What does hunting whales for oil show
the importance of illumination