The 5 Minute Guide To Gasoline ETFs

In 1859, the first oil well was dug by Edwin Drake. Drake distilled the petroleum to make kerosene for lighting, discarding the other byproducts. More than 20 years later, with the invention of the automobile, gasoline was recognized as a valuable source of fuel. By 1920, more than 9 million gas-powered vehicles were on the road [for more gasoline news and analysis subscribe to our free newsletter ]. See the full story here → Related Posts: Ultimate Guide To RBOB Gasoline Investing ETFs to Hedge Rising Prices at the Pump