The document summarizes the development of steam power and transportation technologies from the Industrial Revolution onward. It describes key inventors like James Watt who improved the steam engine. The steam engine then powered the earliest trains and vehicles. The document also outlines the shift from coal to oil as a fuel source and the rise of the automobile with inventors like Benz, Daimler, and Ford. It discusses the formation of major oil companies and OPEC, and how the 1973 oil embargo impacted prices, supply, and consumer behavior.