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The "big" oil discovery in Texas sparks the Texas oil rush...
The "big" oil discovery in Texas sparks the Texas oil rush...
Item # 705968
January 15, 1901
WELLSVILLE DAILY REPORTER, New York, Jan. 15, 1901 Although discoveries were made in various locations long before this date, this discovery--to be known as Spindletop--marked the emergence of the oil industry at a time when the automobile and other industries were experiencing rapid growth, coinciding with the need for this new product.
The discovery of oil in Beaumont, Texas, was the beginning of the oil industry in Texas. When the well struck on January 10, 1901 it would gusher uncontrollably for 8 days before being capped.
Most of a column on the back page is headed: "THE TEXAS GUSHER" "Spouting Oil At The Rate of 25,000 Barrels A Day" "May Break The Market" "Well Is Owned by Col. Gaffey Who Is Fortunate in Striking Gushers--Discouraging News to the Small Producer".
Four pages, evenly toned, good condition.
Category: The 20th Century
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$235.00
