File:The History of the Standard Oil Company Vol 2 - p240 - 241 combined.png
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Summary
| Description |
English: CHART SHOWING PRICE OF OIL FROM 1866 TO 1904.
The above chart is adapted from one published in the Report of the Industrial Commission, Volume 1, 1900, and is brought up to date. The figures at The figures at the right and left stand for the price per gallon in cents. The dates are placed at the top. The figures on which the export and crude lines are based are those taken from the "Oil City Derrick Hand-Book." Those on which the water-white line is based are from the Oil, Paint and Drug Reporter. A shows the variations in the price per gallon of refined oil for export in barrels in New York. The price of barrels varies slightly, but is usually estimated at 2½ cents per gallon. B shows the variations in the price per gallon of crude oil in bulk at the wells. C shows the variations in the price per gallon of water-white oil (150º test) in barrels in New York. This is the usual domestic oil. The margin or difference between the price of crude and refined is easily calculated. Thus at the end of 1876 the crude line shows the price of crude to be about nine cents—the price of refined about twenty-nine; the margin was therefore twenty cents. |
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| Source |
https://en.wikisource.org/wiki/Page:The_History_of_the_Standard_Oil_Company_Vol_2.djvu/240 https://en.wikisource.org/wiki/Page:The_History_of_the_Standard_Oil_Company_Vol_2.djvu/241 |
| Author | Ida Tarbell |
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This work is in the public domain in the United States because it was published (or registered with the U.S. Copyright Office) before January 1, 1929.
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