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discovery and oil
With the discovery of oil in the later half of the 19th century, even oil stocks entered into the curb market.
However, the area has aroused considerable interest from oil companies in the light of the discovery of rich reserves of high grade crude oil elsewhere in Nigeria.
Petroleum became a major industry following the oil discovery at Oil Creek Pennsylvania in 1859.
The discovery of the Long Beach Oil Field in 1921, which proved to be the world's richest in production per-acre of the time, increased the importance of the Los Angeles Basin as a worldwide oil producer.
This increased again with the discovery of the Wilmington Oil Field in 1932, and the development of the Port of Los Angeles as a means of shipping crude oil overseas.
This only began to change in the 1970s, partly due to the discovery and development of North Sea oil and gas and partly as Scotland moved towards a more service-based economy.
This only began to change in the 1970s, partly due to the discovery and development of North Sea oil and gas and partly as Scotland moved towards a more service-based economy.
The discovery of the giant Forties oilfield in October 1970 signalled that Scotland was about to become a major oil producing nation, a view confirmed when Shell Expro discovered the giant Brent oilfield in the northern North Sea east of Shetland in 1971.
During the 1970s and ‘ 80s rural poverty did decline, particularly in the Malayan Peninsula, but critics of the government ’ s policy contend that this was mainly due to the growth of overall national prosperity ( due in large part to the discovery of important oil and gas reserves ) and migration of rural people to the cities rather than to state intervention.
The first exports began in 1963 with the discovery of oil helping to transform the Libyan economy, although imposing a resource curse on Libya.
The discovery of substantial deposits of North Sea oil in 1965 and the renewables sector have contributed to a degree of economic stability in recent decades.
He also started a business partnership with John Ellsler, manager of the Cleveland Academy of Music, and another friend, Thomas Mears, to develop oil wells in northwestern Pennsylvania, where an oil boom had started in August 1859, following Edwin Drake's discovery of oil there.
One of the well known merchants, Hussain Ali Bin Saif Al-Roumi, was known as the leader in pearl trade throughout the region, sustaining the economy for decades before the discovery of oil.
The discovery of oil in Kuwait, in 1938, revolutionized the sheikdom's economy and made it a valuable asset to Britain.
The discovery of oil accelerated the growth of the city's road network.
These rock formations represent the current cutting edge of deep-water oil discovery.
For some the discovery of oil of the Congolese coast was a blessing.
Forestry which led Congolese exports before the discovery of oil, continues to generate 10 % of export earnings, although high transportation costs, high wages, and low productivity have hurt the forestry industry in recent years.
Among those drilling at Spindletop was W. Scott Heywood, a native of Cleveland, Ohio, who in 1901 made the first oil discovery in nearby Jeff Davis Parish in southwestern Louisiana.
Over the ten years following the McFaddin discovery, more than 72 million barrels ( 11. 4 GL ) of oil were produced, mostly from the newer areas of the field.

discovery and gas
* 1774 – British scientist Joseph Priestley discovered oxygen gas, corroborating the prior discovery of this element by German-Swedish chemist Carl Wilhelm Scheele.
Velocity-distribution data of a gas of rubidium atoms, confirming the discovery of a new phase of matter, the Bose – Einstein condensate.
Later, discovery of polycarbonate allowed gas masks with a big full-face window.
The discovery of oil and gas in adjacent waters in the late 1960s boosted Norway's economic fortunes.
A discovery in 1997 confirmed a tenfold gain in Bolivia ’ s known natural gas reserves.
However, the discovery of natural gas in the Leviathan gas field led to a thawing of relations between the two governments.
Enormous oil fields such as the Orcutt, Lompoc, Santa Maria Valley, and Cat Canyon fields provided jobs and a steady supply of oil, gas, and asphalt since the first oil discovery in the Solomon Hills in 1901.
Perhaps the greatest success of the kinetic theory of gases, as it came to be called, was the discovery that for gases, the temperature as measured on the Kelvin ( absolute ) temperature scale is directly proportional to the average kinetic energy of the gas molecules.
The discovery of Roman-era graves and a well on the site of the Mitcham gas works evince Roman settlement.
Following the American Civil War the county experienced an economic boom after the discovery of natural gas that fueled rapid industrial growth in the surrounding area.
The first discovery of natural gas in Indiana occurred in the town of Eaton, in 1876.
Beginning in the late 1880s, the discovery of natural gas and crude oil in the county ( and surrounding region ) caused the area to undergo an economic boom period known as the Indiana Gas Boom.
Following the discovery of oil in 1928, crude oil and natural gas joined timber as leading natural resources until about 1934 when oil experienced a natural decline.
The discovery of oil in the North Sea in the 1960s led to a flourishing oil rig supply industry, and today it services offshore natural gas rigs.
Perkin could not have chosen a better time or place for his discovery: England was the cradle of the Industrial Revolution, largely driven by advances in the production of textiles ; the science of chemistry had advanced to the point where it could have a major impact on industrial processes ; and coal tar, the major source of his raw material, was an abundant by-product of the process for making coal gas and coke.
The Indiana Gas Boom was caused by the discovery of natural gas in the area, and it caused the community to transition from an agricultural economy to one that also included manufacturing.
The first discovery of natural gas in Indiana occurred in the town of Eaton in 1876.
The city's first large growth boom came in 1888 with the discovery of Noblesville's first natural gas well near 11th and Pleasant streets.
The subsequent discovery of natural gas on West 3rd Street in 1888 boosted the town ’ s growth even further as several additional industries chose to locate there.
This discovery was directly responsible for Elwood Haynes ' move to Kokomo, as he was a superintendent with a gas company with interests in Kokomo and Howard County.

discovery and deposits
However, since the discovery of extensive deposits in locations such as Brazil, it has lost most of its value.
In 2010, U. S. Pentagon officials along with American geologists have revealed the discovery of nearly $ 1 trillion in untapped mineral deposits in Afghanistan.
Banaba ( Ocean Island ) was annexed in 1901 after the discovery of phosphate deposits.
During the 19th century, the bimetallism that prevailed in most countries was undermined by the discovery of large deposits of silver in the Americas ; fearing a sharp decrease in the value of silver and thus the currency, most states switched to a gold standard by 1900.
The discovery of massive silver deposits in the New World during the succeeding centuries has been stated as a cause for its price to have diminished greatly.
The second was from the mid-20th century when the discovery of vast oil deposits propelled it into a key economic and geo-political role.
The later discovery of copper and iron deposits and the plentiful timber in the Upper Peninsula more than offset Michigan's economic loss in surrendering Toledo.
The discovery of copper is owed partly to an American scout, Frederick Russell Burnham, who in 1895 lead and oversaw the massive Northern Territories ( BSA ) Exploration Co. expedition which established for the Western world that major copper deposits existed in Central Africa.
Following the Spanish discovery of great silver deposits at Potosí in Bolivia and in Mexico during the 16th century, international trade came to depend on coins such as the Spanish dollar, Maria Theresa thaler, and, in the 1870s, the United States Trade dollar.
Countering this trend, with the discovery and mining of silver deposits in Europe, Italy began the first tentative steps toward a large silver coinage with the introduction in 1472 of the lira tron in excess of six grams, a substantial increase over the, roughly, four-gram gros tournois of France.
With the discovery of bituminous coal deposits at the end of the 18th century by a local church priest, new industrial sectors developed in the Chorzów area.
to assist with map geology and in the discovery of mineral deposits.
The development of the area was spurred by the discovery of large silver deposits near Rico in 1879, and the Rio Grande Southern Railroad was constructed through the County to connect Durango, Telluride, and Ridgway in 1890-92 The RGS served the eastern end of Dolores County until 1952 when it was abandoned.
The name of the area derives from the discovery of large gold deposits in the area.
No one knew there would be the discovery of the colossal gold deposits of the Witwatersrand two years later.
Mishawaka ’ s recorded history began with the discovery of bog iron deposits at the beginning of the 1830s.
The discovery of oil deposits in Russell County transformed the local economy in the 1920s.
Additional growth occurred following the 1912 discovery of oil and natural gas deposits nearby.
The founding of the town occurred shortly after the discovery of silver ore deposits at Chloride Flats, on the hill just west of the farm of Captain John M. Bullard and his brother James.
Hazzard also established the La Luz Pottery Works after discovery of rich clay deposits in La Luz Canyon.
Most of the early industry was devoted to harvesting lumber until the discovery of large iron ore deposits.
The discovery of natural gas deposits there in 1884 led to national marketing efforts advertising free gas, as Findlay's business leaders tried to " boom " the town.
The primary reason for this population growth was the discovery of oil and natural gas deposits during the 1880s.

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