by Bruce Wells | Jan 19, 2026 | This Week in Petroleum History
The U.S. Geological Survey predicted America’s oil supplies would run out in 20 years. It was not the first nor last false alarm. Warnings of shortages were made for most of the 20th century, according to A Case History of Oil-Shortage Scares, a 1950 report that documented six claims prior to that year alone. (more…)
by Bruce Wells | Oct 13, 2025 | This Week in Petroleum History
Oklahoma independent producers established the Mid-Continent Oil & Gas Association in Tulsa, Oklahoma, six months after the United States entered World War I. The organization, today the United States Oil & Gas Association, was founded by petroleum industry leaders Frank Phillips, E.W. Marland, Bill Skelly, and Robert Kerr to increase petroleum supplies for the Allies during the war. The association in 1919 formed the Oklahoma-Kansas Division, now the Petroleum Alliance of Oklahoma. (more…)
