This week Glenn asked us some more interesting quiz questions, including one about barrels of oil.
When ‘Colonel’ Edwin Drake (Drake promoted himself to the rank of colonel despite never serving in the armed forces) dug the first oil well in Titusville, Pennsylvania he started the oil industry and the first oil rush. While the first oil men had oil gushing out of the ground, they had now way to store the oil and get it to market. They grabbed what ever was available which, in the 1860’s, was wooden barrels.
When it came time to standardise the size of a barrel of oil, there were several options; the 31.5-gallon wine barrel, the 32-gallon London ale barrel, and the 36-gallon London beer barrel. However, the 42-gallon British herring barrel was chosen. Why is a herring barrel 42 gallons? King Edward IV established this by statute in 1482.
‘Colonel’ Drake (with beard) standing in front of the first oil well, 1859.
Oil being transported in barrels in western Pennsylvania, 1864.
These and many other useless facts about the oil industry can be found in Daniel Yergin’s The Prize. Yergin won a Pulitzer Prize for the book and it is generally regarded as the definitive history of the oil industry. It might even slightly change your perspective on the current oil crisis.