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Updated: May 2, 2025
"Is it good?" said Humphrey to the boy, giving him another venison steak. "Yes; not have so good supper in pithole," replied Pablo, laughing. Early on the following morning, Edward and Humphrey set off to Lymington with the cart laden with meat.
To this figure was added the cost of transportation by pipe-line from Pithole to Titusville, $1.00; cost of barreling, 25 cents; freight to Corry, Pa., 80 cents; making the total cost of a barrel of crude oil in New York, $5.55. In January, 1866, the barrel of oil in New York cost $10.40, including in this figure, however, the Government tax of $1.00 and the price of the barrel, $3.25.
In October, 1865, the Oil Transportation Co. completed and tested a pipe-line 32,000 feet long; three pumps were used upon it, two at Pithole and one at Little Pithole. July 1, 1876, the pipe-line owners held a meeting at Parkers to organize a pipe-line company to extend to the seaboard under the charter of the Pennsylvania Transportation Co., but the scheme was never carried out.
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