By Siddharth Singh, 3rd December, 2015
John Kemp, an energy analyst at Thompson Reuters, posted a fascinating quiz that revealed how the potential of oil was dismissed in its early days by some very important players in the state and economy.
For instance, the role of oil as a marine fuel was repeatedly dismissed, first by a Naval officer in 1867 who said,
“It appears that the use of petroleum as a fuel for steamers [ships] is hopeless; convenience is against it, comfort is against it, health is against it, economy is against it, and safety is against it. Opposed to these the advantages of the probably not very important reduction in bulk and weight, with their attending economies, cannot prevail.”
Next, by a navy minister who said in 1905,
“The substitution of oil for coal is impossible, because the oil does not exist in this world in sufficient quantities…
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