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Dr. Gesner's Kerosene: The Start of American Oil Refining

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  • Beaton, Kendall

Abstract

Accounts of the “birth of the petroleum industry†traditionally have emphasized the discovery and exploitation of early oil fields. Equally important, however, was the growth of a market for the production of those fields. Little information has hitherto been available about Dr. Abraham Gesner and his Kerosene Works. Here was one of the significant origin points for a major industrial development. Gesner's story, interesting in itself, contributes greatly to an understanding of all phases of the early petroleum industry.

Suggested Citation

  • Beaton, Kendall, 1955. "Dr. Gesner's Kerosene: The Start of American Oil Refining," Business History Review, Cambridge University Press, vol. 29(1), pages 28-53, March.
  • Handle: RePEc:cup:buhirw:v:29:y:1955:i:01:p:28-53_02
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    Cited by:

    1. Rohit Pathania & Arnab Bose, 2014. "An analysis of the role of finance in energy transitions," Journal of Sustainable Finance & Investment, Taylor & Francis Journals, vol. 4(3), pages 266-271, July.
    2. Bolanos, Jose A., 2019. "Energy, uncertainty, and entrepreneurship: John D Rockefeller’s sequential approach to transaction costs management in the early oil industry," LSE Research Online Documents on Economics 100852, London School of Economics and Political Science, LSE Library.
    3. Michele Baggio & Metin Cosgel, 2023. "Racial Diversity and Team Performance: Evidence from the American Offshore Whaling Industry," Working papers 2023-04, University of Connecticut, Department of Economics, revised Feb 2024.

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