1920s: THE FORMATION OF THE MODERN HPI
During this period, a new industry was evolving focused on
the refining of crude oil into fuels and other products. New
demand for crude oil-based products, such as kerosine for
lighting purposes and gasoline for transportation, spurred the
advancement of the early hydrocarbon processing industry (HPI).
While still in their infancy, startup refining groups
discovered new methods throughout the 1920s to efficiently
transform crude oil into refined products.