This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
Oil Boom Slump Blamed on Suez Crisis and New Discoveries
The oil market downturn is tied to the Suez crisis as operators aimed to export and store amid expectations of a long high market. Now producers anticipate Europe Asia Africa self sufficiency due to new finds, while the Western Hemisphere risks losing its dumping ground. Big operators look to California lands for replenishing supply with heavy drilling in the San Joaquin Valley and field overhauls to offset aging wells. Gas exploration continues in California with several wells spurring production tests in Colusa Contra Costa and Arbuckle fields.
MENTIONED IN THIS ARTICLE
Laathee
Europe
Asia
Africa
Western Hemisphere
Tivelands
Californi
San Joaquin Valley
Tejas 1
Ig Ranch
Slosson
Tejon
Wheeler
Dge
M.j.m.&m. Oil Company of
San Francisco
Richard S. Rheem
Packard Norse
Compton Landing
Colusa County
Honolulu Oi
Humble
Theem
Beehive Bend