Black Gold History

In the 1900s drove 15,000 oil companies when they first discovered oil in the spindletop texas.There were a lot of benefits of this discovery like higher pay for a lot of the workers, Better football teams and better growth in a lot of their universities. There were a lot of disadvantages to this discovery like in ector texas was 23 times the amount of the national average. Oil was the only way for the future with entrepreneurs showing up all over the U.S region.This discovery changed texas future for ever.

Oil has created new opportunities such as college for people who want to or need to have for their jobs. People now have a better chance of going to college than they use to. The legislature had given the two schools UT and Texas A&M two million acres of land. When oil came into town in 1923 it was a booming business. Now that the oil had came into town the oil and land produced 4.4 billion dollars for the university of UT and Texas A&M. Oil money from land grants helped develop higher education levels in Texas. Overall oil has made a huge impact on school in a great way.

Welcome to the Texas Untold Story.This is about how oil changed Texas. Oil had brought wealth to many families,and sometimes tore families apart. How did oil have a big impact on Texas?Three most important social changes in the 1900’s were Minorities in West Texas,Oil and the University of Texas, and High Divorce rates.

In the beginning of the 20th century Texas discovered a major economic game changer. In January of 1901 in Spindletop, Texas oil was discovered in the form of a 100-foot geyser. Little did Texans know that their lives and economic situation would be changed forever. Right after the discovery most of the early profits made from oil went to easterners. When the 1920’s came around oil became a major economic engine. Causing major social changes in job opportunities, education, marriage, and sports.

From the day in 1901 when a little hilltop near Beaumont began to gush oil,a big part of Texas changed that day. Oil has been changing our life ever since that historical day in 1901. Today, more than a century later, Texas still produces more oil than any other state in the Union.Oil has brought more wealth to Texas than ever before.

There were limitless wealth with American tribes in gold and other metals the Spanish wanted it so they created law called gold rescue. Meaning they could go to America if the king got twenty percent. The law gold rescue exploited through slavery of people in the New World. The land original believed to be an island and the natives made into slaves. When the Spanish tried to make slaves out of natives, the Mayans attacked them. Finding some natives who knew Spanish who reveled there was gold. There was a second expedition where Spaniards took friendly contact leading to receiving gifts of masks that had gold on them. This news was to King Charles about the gold and sent the masks. Herman Cortez was captain third expedition and he contributed

    Due to the amount of money that people get paid for locating large amounts of oil, around the early 1920´s Texas A&M University was searching for a well.  Finding oil can also lower the cost for because you have a well yourself.  In May 28 1923, they struck a very good one and it started to gush.  This caused it to start a building boom and Texas A&M got 4.4 million dollars richer by 2008.

Another reason against drilling much research has shown that all the oil that will be produced will only last for about six months. The fact that the British Petroleum has greater potential to produce more oil and natural gasses (Markey 2004) than ANWR so why bother with it , supporting the case that drilling is pointless. Then there is the percentage that after oil production of ANWR, the foreign oil dependency will only drop from 56% to 50% (Markey 2004).Then the oil produced would reach the market ten years later after it was produced, leaving the gas price decrease to one percent(Lamar and Markey 12). There was also the reality of natural gases. ANWR does not confirm any sign of them, when President Bush ordered exploration for natural gasses (Klyza and Ford-Martin 1).Again proving drilling pointless.

Oil was first found in Texas in July 1543 by the Spanish explorer Luis de Moscoso of the Desoto expedition. Luis de Moscoso first saw the oil in the Galveston Bay between High Island and the Sabine Pass by Arthur Texas, was were Luis Moscoso saw oil floating on the water. Texas first economically significant oil discovery didn’t happen until another 300 years. Texas has been the main leading producer of crude oil in the United States. Based on an article online earthjustice.org, “Since 2005, more than 12,000 wells have been fracked in the Fort Worth area alone Fracking is a type of drilling that has been used over sixty five years. Hydraulic fracturing is a different process it includes a safely tapping shale as other tight- rock formations. By drilling a mile or more below the surface before turning horizontal and continuing thousand several feet more. Fracking is an important topic in Texas whether it benefits the economy in a positive way or affects us in a negative way. Therefore, fracking has its pros and

I found some information on the greensourcedfw.org on gas drilling also called fraking. Fraking is a process that injects large amounts of water, sand, and chemicals into the rock so it can break up rock formations and releases the natural gas. During the fraking process 2 to 7 million gallons of fresh water with sand and gallons of industrial chemicals so that the wate can penetrare more easily. After the natural gas is released it goes up the well and to the storage tanks, then it is sent to market.

Black, sticky, and it runs the world. Oil is arguably the most controversial product in the world. People have fought, died, and lied just to obtain some of it. Ever since the 1800s, the race to find more oil and its clutch on our economy has been at an all-time high. First discovered as an accident thousands of years ago by nomadic peoples, oil has been a blessing for society. Oil has served as everything from a staple to the medical field, to running our cars and heating our homes. The human population has become more dependent than ever on this miracle fuel. But, after peaking in the 1970s, oil production has slowly been dropping. Alongside the lack of oil discovery, the environmental consequences are beginning to show themselves. In Black Gold, Albert Marrin presents a cross in the road of energy production; continue down our destructive path, or head into the hopeful future of alternative sources.

Through past events and the stories people have written and told through the ages, it has become apparent what humans value most. Many of these things vary drastically by culture or even region: religious beliefs and figures, thoughts on what is humane and what is not, marriage customs, even fashion. When it comes down to it, there are very few things people on a grand scale agree upon. The great value of gold is one of those rare things that breaks this nasty trend. This is not without its reasons. Shiny, even in its natural state, the 79th element was quick to catch the attention of early humans, and its value has been told through stories throughout the ages. The fabled King Midas could turn anything

DIMOCK, PA -- Norma Fiorentino’s drinking water well was a time bomb. For weeks, as workers drilled natural gas deposits nearby, stray methane worked into tiny crevasses in the rock, leaking upward into the aquifer and slipping quietly into her well. Then, according to the state’s working theory, a pump turned on in her well house, flicked a spark, and caused a New Year’s morning blast that tossed aside a several-thousand-pound concrete slab. Afterward state officials found methane, the largest ingredient of natural gas, in her drinking water. Drilling for natural gas has caused explosions, polluted aquifers and even burning water. (Lustgarten n. pg.) Ninety percent of natural gas wells in the United States use hydraulic

In 1859, two people: Edwin Drake and E. B. Bowditch who worked for the Seneca Oil companny drilled the very first oil well that was located in Pennsylvannia. The well produced about 500 gallons of oil a day and over time has increased. Wells that were similar to the one originally made all over the west side of Pennsylvania distributed oil and crude kerosene to different companies for various reasons. Lee R. Raymond said “The lighter boiling component, gasoline, was discarded, since it had no market. There are historical reports that waste gasoline, which had been dumped into rivers, sometimes caught fire. In 1892 the first gasoline-powered engines, for both car and tractor, were developed: This soon provided a market for the once useless substance, gasoline” (Octane Quality 2013). Gas was a lot cheaper in the 20th century compare to now which is the 21st century. Locations, places, prominent ways of transportation and how cars weren’t really needed and are part of the reason why gas was cheaper in the 20th century.

The first attempt to use hydraulic fracturing in a well took place in the Hugoton gas field in Grant County, Kansas in 1947. Many experiments were performed after this but in the 1970’s the federal government started the Eastern Gas Shales Project due to the energy crisis of 1973 (Prud 'homme 2013). In 1980, one year after the second energy crisis of 1979, Congress passed the Windfall Profits Tax Act, which created a tax credit for unconventional gas; this tax credit spurred the growth of shale hydro fracking and has made what hydraulic fracturing is today.