The oil industry became a huge business

Question

Quizplus · Accepted Answer

The invention of the internal combustion engine in the late 19th century led to a significant increase in demand for oil. This created a huge business for the oil industry as it became the primary fuel source for automobiles and other forms of transportation. While the discovery of oil in Texas and the perfection of diesel engines were important events in the industry's history, neither had the same impact as the invention of the internal combustion engine.

The Oil Industry Became a Huge Business