On May 15, 1911, the United States Supreme Court delivered one of the most consequential antitrust decisions in American history, ruling in Standard Oil Co. of New Jersey v. United States that John D. Rockefeller’s oil empire had violated the Sherman Antitrust Act and…
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On January 10, 1901, the fate of Texas changed forever. The eruption of the Spindletop oil gusher marked the dawn of the modern petroleum industry. This discovery transformed Texas’s economy, culture, and global standing, sparking an oil boom that defined much of the 20th…
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On the late summer of 1859, the world of energy shifted dramatically toward petroleum. On August 27, 1859, Edwin L. Drake—working on behalf of the Seneca Oil Company (formerly the Pennsylvania Rock Oil Company)—succeeded where many before him had failed. Along Oil Creek near…
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