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Sitting On A Gusher

How gullible Edwin L. Drake, an ailing ex-railroad conductor, brought about America’s first and gaudiest oil boom hildegarde dolson February 1959 Perhaps the most bizarre of all the great mineral...

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Running Out Of Oil

The problem is as old as the industry itself John Steele Gordon November/December 2005  Until hurricanes blew it off the front pages, the biggest economic story of the year was the rising price of...

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Drake's Rock Oil

No one knew that oil could come from the ground until a bankrupt group of speculators hit pay dirt in northwestern Pennsylvania Daniel Yergin Winter 2010 By August 1859,   “Colonel” E. L. Drake and...

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