Petroleum industry is not of resent origin , but petroleum's current status as the key component of politics , society and technology has its roots in the early 20th century . the invention of the internal combustion engine was the major influence in the rise in the importance of petroleum.
A History Of Petrol. The modern history of petroleum began in the 19th century with the refining of paraffin from crude oil. ... In 1848, Young set up a small business refining the crude oil. The new oils were successful, but the supply of oil from the coal mine soon began to fail (eventually being exhausted in 185
