Monday, October 4, 2010
Being a person from the oil industry, I thought this is the best place to begin my search. This search will take us back by 150 years, a time when the most powerful industry of all times was about to take birth. It will take you through the first drop of oil that came out of Drake’s well, through to the drops of oil that came out of the BP well in Gulf of Mexico. The former one came as a pleasant surprise, while the later also did surprise many, but not in a pleasant way. The search will also show us how this new industry grew in power rapidly to decide the fate of nations and changed the history of humanity forever. The industry suffered many setbacks, but it always came back stronger. The industry learned how to self-sustain by controlling the game of demand and supply. The supply was maintained by advancing technologies, moving into challenging areas and by conspiracies to capture big oilfields in the name of war. The demand, on the other hand, was maintained by making people more and more dependent on oil, making them so used to it, that they can never come out of it. And as long as this fine balance between the demand and supply was maintained, the industry could only grow from strength to strength.