The American Oil & Gas Historical Society's web site provides a number of useful and interesting resources. The site includes access to related news and industry historical newsletters available in full-text PDF format, links to publications, as well as interesting articles and photographs. In the 1930s it absorbed the American Oil Company, founded in Baltimore in 1910 and incorporated in 1922 by Louis Blaustein and his son Jacob. The combined corporation operated or licensed gas stations under both the Standard name and the Amoco name, and its logo using either name became a red, white and blue oval with a torch in the center. Efficiency is the name of the game for oil and gas companies. By doing more for less, operators continue to find ways to operate profitably despite weak commodity prices. Technology, of course, is a major component in the ongoing drive for greater efficiency. Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). Values shown are in thousands of barrels produced per day. The current level of U.S. crude oil production as of March 2020 is 13,000.00 thousand barrels per day. How the American Oil Industry Got Its Start. This is the well near Titusville, Penn., that pumped the petroleum industry into existence 100 years ago. The picture was taken four years after Col. Edwin L. Drake struck oil on Aug. 27, 1859. View History: Monthly Annual : Download Data (XLS File) U.S. Field Production of Crude Oil (Thousand Barrels per Day) Decade Year-0 Year-1 Year-2 Year-3 Year-4 Year-5 Year-6 Year-7 Year-8 Year-9; 1850's Crude Oil Production; Crude Oil Supply and Disposition; The API website describes its origins starting with World War I when the domestic oil and natural gas industries worked with Congress to help the war effort. Back then, the oil and natural gas industry included new companies created after the U.S. Supreme Court broke up the monopoly of the Standard Oil Company in 1911. However, these new independent companies never worked together before.
Gusher signals start of U.S. oil industry On January 10, 1901, a drilling derrick at Spindletop Hill near Beaumont, Texas, produces an enormous gusher of crude oil, coating the landscape for
8 Jan 2019 The American petroleum industry got its start in the 1850s, but its the Ohio Valley, the workers would often encounter oil and natural gas. The American Oil & Gas Historical Society (AOGHS) is dedicated to preserving U.S. petroleum history, which provides a context for understanding the modern energy business. This history, which began in August 1859 with the first commercial U.S. well in Pennsylvania, has often been neglected in discussions about meeting America’s future energy needs. However, before the Drake well, oil-producing wells in the United States were wells that were drilled for salt brine, and produced oil and gas only as accidental byproducts. An intended drinking water well at Oil Springs, Ontario found oil in 1858, a year before the Drake well, but it had not been drilled for oil. Historians have noted that the importance of the Drake well was not in being the first well to produce oil, but in attracting the first great wave of investment in oil drilling History energy How the American Oil Industry Got Its Start How the American Oil Industry Got Its Start. This is the well near Titusville, Penn., that pumped the petroleum industry into existence History of Oil: The New Oil Economy. The first oil had actually been discovered by the Chinese in 600 B.C. and transported in pipelines made from bamboo. However, Colonel Drake’s heralded discovery of oil in Pennsylvania in 1859 and the Spindletop discovery in Texas in 1901 set the stage for the new oil economy.
Gusher signals start of U.S. oil industry On January 10, 1901, a drilling derrick at Spindletop Hill near Beaumont, Texas, produces an enormous gusher of crude oil, coating the landscape for
8 Jan 2019 The American petroleum industry got its start in the 1850s, but its the Ohio Valley, the workers would often encounter oil and natural gas. The American Oil & Gas Historical Society (AOGHS) is dedicated to preserving U.S. petroleum history, which provides a context for understanding the modern energy business. This history, which began in August 1859 with the first commercial U.S. well in Pennsylvania, has often been neglected in discussions about meeting America’s future energy needs. However, before the Drake well, oil-producing wells in the United States were wells that were drilled for salt brine, and produced oil and gas only as accidental byproducts. An intended drinking water well at Oil Springs, Ontario found oil in 1858, a year before the Drake well, but it had not been drilled for oil. Historians have noted that the importance of the Drake well was not in being the first well to produce oil, but in attracting the first great wave of investment in oil drilling History energy How the American Oil Industry Got Its Start How the American Oil Industry Got Its Start. This is the well near Titusville, Penn., that pumped the petroleum industry into existence
