Answer :
Final answer:
The statement is true; oil was first drilled by a Russian engineer on the Apsheron Peninsula in 1848, marking the start of the modern petroleum industry. This location near Baku, Azerbaijan, played a crucial role in advancing oil extraction techniques. The discovery had lasting economic and geopolitical impacts worldwide.
Explanation:
Oil Drilling History
The statement about oil first being drilled by a Russian engineer on the Apsheron Peninsula in 1848 is True. The first commercial oil well was drilled by Faustino de Elizalde, an engineer, who was part of a group of pioneers in the oil industry. This location near Baku, Azerbaijan, became a significant site for oil extraction, marking the beginning of the modern petroleum industry.
Significance of the Oil Discovery
The development of oil extraction techniques during the 19th century in Azerbaijan not only paved the way for industrial advancements but also significantly increased the global demand for oil. Countries started to invest heavily in oil exploration and drilling, leading to the rise of oil as a major economic and geopolitical factor in the 20th century.
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