Standard Oil Refinery -1910 When Gasoline/Petrol was so Cheap it was Worthless During the early days of Standard Oil (this was before cars became popular), kerosene was the name of the game. Gasoline /petrol, a by-product of petroleum distillation to produce kerosene, didn't have much demand. It was a cheap product used to treat lice and a solvent to remove grease stains from clothing ... In fact, gas was so cheap that oil companies used to dump it in rivers!
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