Mammoth Oil and Gas Co. - Utility Stock Certificate

Stock printed by Goes. The Chinese were among the first civilizations to refine oil. As early as the first century, the Chinese were refining crude oil for use as an energy source. Between 512 and 518, in the late Northern Wei Dynasty, the Chinese geographer, writer and politician Li Daoyuan introduced the process of refining oil into various lubricants in his famous work Commentary on the Water Classic.

Crude oil was often distilled by Arab chemists, with clear descriptions given in Arabic handbooks such as those of Muhammad ibn Zakar?ya R?zi (c.?865–925). The streets of Baghdad were paved with tar, derived from petroleum that became accessible from natural fields in the region. In the 9th century, oil fields were exploited in the area around modern Baku, Azerbaijan. These fields were described by the Arab geographer Abu al-Hasan 'Al? al-Mas'?d? in the 10th century, and by Marco Polo in the 13th century, who described the output of those wells as hundreds of shiploads. Arab and Persian chemists also distilled crude oil in order to produce flammable products for military purposes. Through Islamic Spain, distillation became available in Western Europe by the 12th century. Read more at https://en.wikipedia.org/wiki/Oil_refinery

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