It has been over 160 years since a commercial quantity of ‘rock oil’ was found. Through much of that time, uses for its refined liquids gradually expanded, from lighting to fuel oil to gasoline and the automobile. Gradually petroleum became the energy source of choice, though coal and natural gas were large competitors. During World… Continue reading The Global Implications of Oil Price Renormalization (Part 3)
Tag: technology
Interchangeable Parts and The American Precision Museum
A while back, my wife Jane and I took a 5-day trip into New England for a short break. From our home in Nova Scotia, Canada, the drive is a long one - some 500 miles into central Maine. Some Americans don’t realize that North America extends some 900-1000 miles east and north of the… Continue reading Interchangeable Parts and The American Precision Museum