Petroleum Management 310 Leblanc Test 1 UL

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55 Terms

1
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What is rock oil

It is distinguishable from vegetable oil and animal fats for illumination. And it was first found in Salt wells oil creek Pennsylvania. The industrial revolution and economic development drove the need for illumination.

2
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Kernel Edwin Drake

He was the first to use salt drilling methods on oil in Titusville Pennsylvania.

3
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Ida Tarbell

She wrote exposing stories on standard oil. And her father created wooden tanks.

she worked for McClure's magazine

4
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Rockefeller

He shaped the legal structure of the oil industry. And his company was the mother of all company's.

5
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Rule of capture

English common law. It fueled over production of oil.

6
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Ludwig Nobel

He was the Russian Rockefeller. People were proud to say they were apart of his company unlike with Rockefeller, they would call themselves nobelites.

"Oil King of Baku"

Baku- "Black Town" (along the Caspian Sea)

Main problem was transporting oil to markets

Samutra

7
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The Prize: The Epic Quest for Oil, Money & Power

What is the name of the class book?

8
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Daniel Yergin

What is the name of the author?

9
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Mr. Five Percent

Caloosh's nickname

10
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Walter Teagle

The boss

11
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Jackie Fisher

Godfather of oil

12
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Alphonse Rothschild

His claim to fame was his mustache

13
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Supreme Court Case 398 of May 1911

What gave Standard Oil 6 months to dissolve?

14
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Standard Oil of New Jersey

Exxon

15
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Standard Oil New York

Mobil

16
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Standard Oil Of California

Chevron

17
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Standard Oil Of Ohio

They were first called Sohio then was switched to British Petroleum.

18
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Standard Oil of Indiana

Amaco

19
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Continental Oil Company

Conoco

20
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Atlantic Oil Company

They were first Arco then turned into sun

21
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Henri Deterding (owner) and he produced in Samutra.

Who owned Royal Dutch after Kessler?

22
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Marcus Samuel

president of shell

Lord Mayor of London, people person

Dad was a Sea shell importer

Named "shell" after seas shells

23
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They both transported oil in tankers across Suez Canal in the far east.

Aug 1892, Murex, named after a seashell

What did Marcus and Rothschilds have in common? When and what tanker did Samuel first?

24
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Russian Communists

During the Oshi Rebellion, who set fire to the oil fields in 1905

25
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Deterding wanted 60/40 Royal Dutch/Shell

Companies merged

Greenway talked Churchill into using Royal Navy

Shell and Royal Dutch are both now just called shell.

Details of Samuel and Deterding Merger

26
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Dynamite and Nobel Peace Prize

What 2 things did Alfred Nobel invent?

27
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The Dutch

Who settled on the island of Sumatra?

28
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Henry Deterding

Closest person to being the next Rockefeller

29
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Ludwig and Alfred Nobel

Chemists who invented new ways to improve oil production in Russia

30
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He sold cheaper oil in red oil cans to replace Rockefeller's commonly used blue cans

How did Samuels's compete with Rockefeller in the east?

31
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George Reynolds

Driller in Persia for Anglo-Persian oil who was sent a decease letter as he struck oil

32
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Achae Rebellion

What is the first example of a war fought over oil?

33
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Jean Baptiste August Kessler

Known as founder of Royal Dutch

34
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Charles Greenway

Founder of Anglo-Persian oil

35
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Anglo-Persian and 51%

What company did Churchill buy shares in for the war? What percentage of shares?

36
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BP

What is Anglo Persian known as today?

37
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Russia

Who was America's biggest competitor for oil at the turn of the century?

38
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Marcus Samuels

Who died on the same day as his wife?

39
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Baku

What is the oil capital of Russia?

40
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South Improvement Company

What was the name of the company located at the backside of 26 Broadway?

excepted rebates

41
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42
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43
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?

?

44
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$

$

45
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type of rebate off of a product being transported through the south improvement company

people in the club would get a rebate from the people who would use the trains but are not in the club

what is a draw back

46
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West Texas Intermediate

WTI?

47
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Brent Crude

B.C.?

48
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Louisiana Light

LA light?

49
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Natural Gas

N.G

50
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production, marketing, refining, transportation

What was Rockefellers 4 components that made him what he is?

51
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Walter Teagle 39

Who was the president of standard oil, New Jersey and how old

52
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Independent, Pennsylvania

Who challenged Rockefeller?

53
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Seven groups that standard oil broke into

54
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Henry Deterding

Who was Royal Dutch?

55
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42 gallon drum in a 55 gallon drum

How many gallons per drum?