oil+industry

sources: http://www.priweb.org/ed/pgws/history/history_home.html http://www.sjgs.com/history.html http://www.answers.com/topic/john-d-rockefeller The oil industry first started in **Titusville, pa** (1). The plan was to try to sell oil as a commercial product. This was the first commercial oil well drilled in the us. It was the most important oil well also called the drake well. The second place that was drilled was Spindletop Texas (2). The third place to be drilled for oil was Signal hill California (3). In 1911 the U.S. Supreme Court called Standard Oil a monopoly and forced the company to break up into separate companies and compete against each other. J.D. Rockefeller was born in Richford, New York on July 8th 1839. He died May 23, 1937. **He was best known for** being a Standard tycoon and big-time philanthropist. He was also the founder of the standard oil company. He was never been seen on his oil regions. today oil prices are high and keep rising. Most oil refiners are out of the u.s. they are in and one barrel of crude oil cost $69.78 today. questions: (1)How much does one barrel of crude oil cost. (2)where was the first oil refinery in the u.s. (3)where was J.D. Rockefeller born. (4) what happened in 1911. (5)what was J.D. Rockefeller best known for.