The History and Uses of Petroleum
TLDR Petroleum, also known as crude oil, has been used for thousands of years and is derived from the Latin words for rock and oil. It is a complex mixture of hundreds of different hydrocarbons and organic compounds, and through the process of fractional distillation, various useful products such as gasoline, diesel fuel, and jet fuel can be extracted.
Timestamped Summary
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Petroleum, also known as crude oil, has been used for thousands of years and is derived from the Latin words for rock and oil, with ancient texts mentioning its use in construction and lighting.
01:46
Petroleum has been used as a fuel and for various purposes for thousands of years, and it is a naturally occurring organic fluid that comes from the earth, with the prevailing belief being that it comes from the remnants of organic matter buried millions of years ago.
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Petroleum is a complex mixture of hundreds of different hydrocarbons and organic compounds, with variations in sulfur content and density, and different grades of petroleum are categorized based on these criteria, such as sweet or sour, light or heavy, and specific types of petroleum are associated with different regions around the world.
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Crude oil is bought and sold in barrels, which originated from the whisky industry's use of 40 gallon wooden barrels in the 19th century, and the standard 42 gallon barrel was adopted in 1866.
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The United States has a large number of oil wells that produce small amounts of oil per day, while Saudi Arabia has fewer wells that are highly productive, and the price of oil is kept high to prevent competitors from extracting petroleum from alternative sources.
08:06
Crude oil is of little use in its raw form, but through the process of fractional distillation, various hydrocarbons can be extracted, such as gasoline, naphtha, kerosene, jet fuel, diesel fuel, heating oil, and fuel oil.
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Approximately 46% of crude oil is converted into gasoline, 26% into diesel fuel and other fuel oils, 9% into jet fuel, 3% into asphalt, 1% into lubricants, and the remaining 15% into non-fuel industrial products, with the United States being the largest producer of crude oil in the world.