by Bruce Wells | Jan 19, 2026 | This Week in Petroleum History
January 19, 1922 – USGS predicts Oil Shortage, Again –
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 | Jan 12, 2026 | This Week in Petroleum History
January 12, 1904 – Henry Ford sets Speed Record –
Seeking to prove his cars were built better than most, Henry Ford set a world land speed record on a frozen Michigan lake. At the time, the Ford Motor Company was struggling to get financial backing for its first car, the Model T. The automotive pioneer drove his No. 999 Ford Arrow across Lake St. Clair, which separates Michigan and Canada, at a top speed of 91.37 mph. (more…)
by Bruce Wells | Jan 5, 2026 | This Week in Petroleum History
January 7, 1864 – Oilfield Discovery at Pithole Creek –
The once-famous Pithole Creek
oilfield discovered in Pennsylvania by a well drilled by the United States Petroleum Company — reportedly located by using a witch-hazel dowser. The discovery well, which initially produced 250 barrels of oil a day, made headlines and created the boomtown Pithole five years after the first U.S. oil well at nearby Titusville. (more…)
by Bruce Wells | Dec 29, 2025 | This Week in Petroleum History
December 30, 1854 – First American Oil Company incorporates –
George Bissell and six investors incorporated the Pennsylvania Rock Oil Company of New York. Convinced by natural seeps that oil could be produced in northwestern Pennsylvania, Bissell formed this first U.S. petroleum exploration company “to raise, manufacture, procure, and sell Rock Oil” from Hibbard Farm in Venango County. (more…)
by Bruce Wells | Dec 22, 2025 | This Week in Petroleum History
December 22, 1875 – Grant paves Pennsylvania Avenue with Asphalt –
President Ulysses S. Grant convinced Congress to repave Pennsylvania Avenue’s badly deteriorated plank boards with asphalt. Grant delivered to Congress a “Report of the Commissioners Created by the Act Authorizing the Repavement of Pennsylvania Avenue.” (more…)
by Bruce Wells | Dec 15, 2025 | This Week in Petroleum History
December 17, 1884 – Fighting Oilfield Fires with Cannons –
“Oil fires, like battles, are fought by artillery,” proclaimed an article in The Tech, a student newspaper of the Massachusetts Institute of Technology. “A Thunder-Storm in the Oil Country” featured the reporter’s firsthand account of the problem of lightning strikes in America’s oilfields. (more…)