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var content='<p><font face="Verdana" size="2"><font color="#B10000"><b>1859:</b></font><br><b>Edwin Drake</b> drills the first producing oil well, in Titusville, PA.</a></p><p><b><font color="#B10000">1870:</b></font><br><b>John D. Rockefeller</b> enters the oil refining business; forms Standard Oil (Cleveland, OH) to produce kerosene, for lighting purposes </a></p><p><b><font color="#B10000">1873:</b></font><br><b>The Nobel</b> family (minus Alfred, the dynamite inventor, who established the  famous Nobel Prizes) drills for oil in the Baku area, present Azerbaijan<br></a></p><p><b><font color="#B10000">1882:</b></font><br><b>Thomas Alva Adison</b> invents the electric light bulb, endangering future petroleum markets</a></p><p><b><font color="#B10000">1885:</b></font><br><b>The Rotschilds</b> develop petroleum in Russia<br><b>Royal Dutch</b> develops petroleum in Sumatra (Indonesia)</p><p><b><font color="#B10000">1892:</b></font><br><b>Marcus Samuel</b> forms Shell, to transport petroleum through Suez Canal</p><p><b><font color="#B10000">1896:</b></font><br>Invention of the automobile <b>(Daimler and Benz, Germany)</b> resurrects the market for petroleum</p><p><b><font color="#B10000">1901:</b></font><br>Petroleum discovered in <b>Persia (Iran)</b></p><p><b><font color="#B10000">1907:</b></font><br>Merger of <b>Shell and Royal Dutch </b></p><p><b><font color="#B10000">1908:</b></font><br>Petroleum boom in <b>Persia</b></p><p><b><font color="#B10000">1910:</b></font><br>Petroleum boom in <b>Mexico</b></p><p><b><font color="#B10000">1911:</b></font><br>Dissolution of Rockefeller-owned Standard Oil cartel to form smaller oil companies, which eventually became Exxon, Mobil, Amoco, Sohio, Chevron, etc.</p><p><b><font color="#B10000">1922:</b></font><br>Petroleum boom in <b>Venezeula</b></p><p><b><font color="#B10000">1927:</b></font><br>Petroleum boom in <b>Iraq</b></p><p><b><font color="#B10000">1933:</b></font><br>Standard Oil of California (Chevron) gets heavily involved in drilling for oil in <b>Saudi Arabia</b></p><p><b><font color="#B10000">1938:</b></font><br>Petroleum boom in <b>Saudi Arabia and Kuwait</b></p><p><b><font color="#B10000">1956:</b></font><br>Petroleum boom in <b>Algeria and Nigeria</b></p><p><b><font color="#B10000">1959:</b></font><br>Petroleum boom in <b>Libya</b></p><p><b><font color="#B10000">1960:</b></font><br>Formation of <b>OPEC</b></p><p><b><font color="#B10000">1968:</b></font><br>Petroleum discovered in <b>Alaska (Prudhoe Bay)</b> but not exploited until 1977</p><p><b><font color="#B10000">1969:</b></font><br>Petroleum discovered in the <b>Northsea</b> but not exploited until 1975</p><p><b><font color="#B10000">1973:</b></font><br>First "Energy Crisis": Arab oil embargo against the US in retaliation for US support of Israel in the Yom Kippum War</p><p><b><font color="#B10000">1979:</b></font><br>Second "Energy Crisis": <b>Iranian Revolution</b> causes major disruptions in oil supply from the Persian Gulf</p><p><b><font color="#B10000">1980:</b></font><br>OPEC troubles begin: <b>Iran/Iraq War</b></p><p><b><font color="#B10000">1982:</b></font><br>OPEC establishes production quotas (and has occasional difficulties in having the member countries abide by them)</p><p><b><font color="#B10000">1990:</b></font><br>Third (mini) "Energy Crisis": <b>Iraq invades Kuwait</b>, causing another major disruption in oil supplies from the Persian Gulf</p><p><b><font color="#B10000">1998:</b></font><br>The <b>Baku region</b> (and the <b>Caspian Sea</b> in general) again becomes the focus of interest of oil companies; may turn out to be the "Persian Gulf of the 21st century," but the key issue is how to transport all this oil to the open seas and the world markets</p><p><b><font color="#B10000">1999:</b></font><br>Petroleum is again as inexpensive as bottled water, and as cheap as it was before the energy crises of the 1970s. How long will such a situation last this time around?</p></font>';

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