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But 1892 was the last year that Pennsylvania wells provided a majority of the oil produced in the US, and in 1895, Ohio surpassed Pennsylvania as an oil producer. By 1907, the decline of the Pennsylvania fields and the great discoveries made in Texas, California, and Oklahoma, left Pennsylvania with less than 10% of the nation's oil production ...
Garfield Refining is a Philadelphia, Pennsylvania based refinery specializing in the purchase of precious metal, including gold, silver, platinum and palladium. The company was founded in 1892 and was originally called Eastern Smelting. [1] In 1928, it was purchased by the Garfield family.
Trainer Refinery is an oil refining facility located in Trainer, Pennsylvania. The facility is downstream from the Port of Chester and fifteen miles southwest of Philadelphia along the Delaware River. Stoney Creek is along its northern perimeter. The Trainer Refinery is owned by Monroe Energy, LLC, a subsidiary of Delta Air Lines. Monroe Energy ...
Cash for Gold USA, an established gold buyer, is a top choice for selling your gold items. They offer competitive rates for a wide range of gold items, including jewelry, scrap gold and gold coins.
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Refining processes and routing in refinery for Pennsylvania crude petroleum, 1921. (Source: Marshall, 1921) Pennsylvania Grade Crude Oil is a type of sweet crude oil (sweet crude oil), found primarily in the Appalachian basin in the Marcellus Formation in the states of New York, Pennsylvania, Ohio, and West Virginia, and takes its name for the state of Pennsylvania, where it was first ...
It is usually created at the site of a mine and then transported to a refinery for further purification. The proportions of silver and gold can vary widely. Doré bars weigh as much as 25 kg. During the 19th century gold rushes, gold nuggets and dust were melted into crude gold bars mistakenly called "bullion" by miners. They were, more ...
In any case, the short answer to all this is that you will have to pay taxes on profits you earn from selling gold coins. If you sell your coins to a coin and precious metals dealer, the IRS will ...