A secret war-time meeting. Fear of an oil shortage. An exchange of gifts (including a wheelchair) and a budding friendship. When Franklin D. Roosevelt met with Abdul Aziz ibn Saud on February 14, 1945 aboard a U.S. Navy destroyer in the Suez Canal, it was the first time a U.S. ...read more
The Exxon Valdez oil spill was a manmade disaster that occurred when Exxon Valdez, an oil tanker owned by the Exxon Shipping Company, spilled 11 million gallons of crude oil into Alaska’s Prince William Sound on March 24, 1989. It was the worst oil spill in U.S. history until the ...read more
On this day in 2012, an explosion and fire aboard the Deepwater Horizon oil drilling rig in the Gulf of Mexico, approximately 50 miles off the Louisiana coast, kills 11 people and triggers the largest offshore oil spill in American history. The rig had been in the final phases of ...read more
On this day in 1961, the United Auto Workers (UAW) union goes on strike at Ford plants across the country to win higher wages and better benefits for its members. It was the first company-wide strike since Ford had agreed to a collective-bargaining deal in 1941. Ford had been the ...read more
On January 10, 1901, an enormous geyser of oil exploded from a drilling site at Spindletop Hill, a mound created by an underground salt deposit located near Beaumont in Jefferson County, southeastern Texas. Reaching a height of more than 150 feet and producing close to 100,000 ...read more
John D. Rockefeller (1839-1937), founder of the Standard Oil Company, became one of the world’s wealthiest men and a major philanthropist. Born into modest circumstances in upstate New York, he entered the then-fledgling oil business in 1863 by investing in a Cleveland, Ohio, ...read more
The 19th century was a period of great change and rapid industrialization. The iron and steel industry spawned new construction materials, the railroads connected the country and the discovery of oil provided a new source of fuel. The discovery of the Spindletop geyser in 1901 ...read more
With a flip of a switch in Prudhoe Bay, crude oil from the nation’s largest oil field begins flowing south down the trans-Alaska pipeline to the ice-free port of Valdez, Alaska. The steel pipeline, 48 inches in diameter, winds through 800 miles of Alaskan wilderness, crossing ...read more
In Vienna, Austria, Carlos the Jackal leads a raid on a meeting of oil ministers from the Organization of Petroleum Exporting Countries (OPEC). German and Arab terrorists stormed in with machine guns, killed three people, and took 63 people hostage, including 11 OPEC ministers. ...read more
On this day in 2009, media outlets report that a rare unrestored 1937 Bugatti Type 57S Atalante Coupe has been found in the garage of a British doctor. A month later, on February 7, the car sold at a Paris auction for some $4.4 million.The black two-seater, one of just 17 57S ...read more
On this day in 1901, a drilling derrick at Spindletop Hill near Beaumont, Texas, produces an enormous gusher of crude oil, coating the landscape for hundreds of feet and signaling the advent of the American oil industry. The geyser was discovered at a depth of over 1,000 feet, ...read more
One of the worst oil spills in U.S. territory begins when the supertanker Exxon Valdez, owned and operated by the Exxon Corporation, runs aground on a reef in Prince William Sound in southern Alaska. An estimated 11 million gallons of oil eventually spilled into the water. ...read more
A rare collision of three ships in Tampa Bay, Florida, results in a spill of 336,000 gallons of fuel oil on this day in 1993. Fortunately, a combination of favorable weather conditions and preparedness kept the damage to a minimum.It was about 6 a.m. when two fuel barges heading ...read more
A gasoline tanker truck crashes into an ice cream parlor in Herborn, Germany, on this day in 1987. The resulting explosion and fire killed 50 people. The truck was carrying a full load of gasoline, nearly 7,000 gallons, when it exited the Frankfurt-Rhur autobahn, a major highway ...read more
One of the world’s worst supertanker disasters takes places when the Amoco Cadiz wrecks off the coast of Portsall, France, on this day in 1978. Although the 68 million gallons of oil that spilled from the Cadiz has since been exceeded by other spills, this remains the largest ...read more
On this day in 1998, a pipeline explosion in Jesse, Nigeria, kills 700 people. The resulting fire burned for nearly a week.Nigeria is an oil-rich country on the west coast of Africa. The oil fields are controlled by several multi-national corporations in cooperation with the ...read more
A floating apartment for oil workers in the North Sea collapses, killing 123 people, on this day in 1980. The Alexander Kielland platform housed 208 men who worked on the nearby Edda oil rig in the Ekofisk field, 235 miles east of Dundee, Scotland. Most of the Phillips Petroleum ...read more
On this day in 1979, two gigantic supertankers collide off the island of Little Tobago in the Caribbean Sea, killing 26 crew members and spilling 280,000 tons of crude oil into the sea. At the time, it was the worst oil-tanker accident in history and remains one of the very few ...read more
On this day in 1989, the Exxon Valdez oil tanker hits a reef in Alaska’s Prince William Sound, resulting in an enormous oil spill. Though there were no human victims of the crash, hundreds of miles of pristine coastline became coated with oil and thousands of sea birds, mammals ...read more
On this day in 1988, an explosion rips through an oil rig in the North Sea, killing 167 workers. It was the worst offshore oil-rig disaster in history. The Piper Alpha rig, which was the largest in the North Sea, was owned by Occidental Oil and had approximately 225 workers ...read more
The Alaska court of appeals overturns the conviction of Joseph Hazelwood, the former captain of the oil tanker Exxon Valdez. Hazelwood, who was found guilty of negligence for his role in the massive oil spill in Prince William Sound in 1989, successfully argued that he was ...read more