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Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum ...
When Spindletop blew open, sending columns of oil gushing 150 feet into the air over Beaumont for nine days, it ushered in a ...
The Lucas Gusher at Spindletop, which gave birth to the modern petroleum industry and transformed Beaumont into an oil boom town, marks its 124th anniversary on Friday. The historic well erupted ...
NEW YORK, May 5 (Reuters Breakingviews) - Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum age, crashing oil prices.