This Day in Oil History

South Improvement Company & Oil Monopoly Rumors (1872)
In 1872, rumors spread about a massive oil monopoly backed by railroads, aiming to control crude and refined oil prices via the South Improvement Company.

Western Pennsylvania’s Emerging Oil Industry (Feb. 22, 1860)
Explore the booming oil industry of Franklin, PA, and the surging activity from Oil Creek to Pithole Creek, as speculators rush to tap into lucrative oil wells.

Oil Discoveries in Pennsylvania and Beyond (Feb. 20, 1860)
An 1860 report on oil discoveries in Pennsylvania and other countries, highlighting early uses of petroleum worldwide and its growing commercial potential.



