US 1959 Petroleum Industry Centennial 4c. Scott. 1134

US 1959 Petroleum Industry Centennial 4c. Scott. 1134

Series: Petroleum Industry Issue

Stamp details: Oil Derrick

Issued date: 27-08-1959 (dd/mm/yyyy)
Face value: 4c.

Emission: Commemorative
Watermark: No Watermark

Catalogue No:-
Scott (USA): 1134
Stanley Gibbons (UK): 1133
Michel (Germany): 760
Yvert et Tellier (France): 673

Dimensions (height x width):
40mm x 25mm

Printer: Bureau of Engraving and Printing
Print Method: Rotary press

Stamp Colors: Brown
Perforation: Perf 10 x 11

Themes: Petrochemical, Industry

Total print: 115,715,000 (estimate)

Description:- The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many chemical products, including pharmaceuticals, solvents, fertilizers, pesticides, synthetic fragrances, and plastics. The industry is usually divided into three major components: upstream, midstream, and downstream. Upstream regards exploration and extraction of crude oil, midstream encompasses transportation and storage of crude, and downstream concerns refining crude oil into various end products.