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Shamrock Oil Company

DID YOU KNOW? In the first 5 or 6 years of the 1860's in North America, crude oil was transported largely in wooden barrels. From the very outset barrels were in short supply. The pace of drilling was swift in the oil region and a new oil strike of some magnitude could outstrip the coopers' capabilities. Cooperages (barrel makers) sprang up quickly in the oil settlements, but oil production swamped all the barrel works. High initial over production drove the local price of oil down to 10 cents a barrel. The wooden barrel at about $1.75 to $2.00 in 1861 became much more valuable than the oil it contained. Eventually the price of crude righted itself and all barrel works sold barrels as fast as they could make them. Framed in hardwood, the picture measures 17 3/4 x 16 3/4 inches. Three different mat colors add to the picture's appearance. Included in this picture is an art print of a Shamrock station, a Shamrock patch and a special issue envelope commemorating the 140th anniversary of the petroleum industry and 4 cent petroleum industry postage stamp which is 41 years old (August 27, 1959).

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