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The Louisiana Oil Industry

Decent Essays
Louisiana; Oil Industry
The oil industry is one of the economy’s leading industries today.
Oil was first thought to be discovered in the state of Louisiana in 1868 by the Louisiana Oil and Coal Company fifteen miles west of Lake Charles. However, the Louisiana Oil and Coal Company was unsuccessful at drilling oil but the company did find extensive sulfur deposits. (Louisiana Mid-Continent Oil and Gas Association. (n.d.). Retrieved October 07, 2016, from http://www.lmoga.com/resources/oil-gas-101/history-of-the-industry/) Oil was first discovered in Louisiana on September 21, 1901. (Louisiana Mid-Continent Oil and Gas Association. (n.d.). Retrieved October 07, 2016, from http://www.lmoga.com/resources/oil-gas-101/history-of-the-industry/)
Jules Clement, a rice
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(First Oil Well in Louisiana. (n.d.). Retrieved October 07, 2016, from http://dnr.louisiana.gov/index.cfm?md=pagebuilder) So, Clement spread the word to neighbors and friends about his findings which eventually lead to Jennings, an oil man, hearing about Clements findings. (First Oil Well in Louisiana. (n.d.). Retrieved October 07, 2016, from http://dnr.louisiana.gov/index.cfm?md=pagebuilder) Jennings linked up with W. Scott and his brothers, and also Dobbins and all of them arranged a contract and came up with the company name of Jennings Oil Company. (Louisiana Oil & Gas History. (n.d.). Retrieved October 07, 2016, from http://loga.la/loga/louisiana-oil-gas-history/) In the beginning, Clement was fine with the company drilling for oil. (Louisiana Oil & Gas History. (n.d.). Retrieved October 07, 2016,
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