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Aug 27, 2009 | 18
The American age of oil began 150 years ago today. Or, if you prefer the phrasing of President George W. Bush, the U.S. addiction to oil can be traced back to the original pusher "Colonel" Edwin Drake who began producing oil from the first commercial well near Titusville, Pa., (about 100 miles north of Pittsburgh).
The rest is history—the automobile, plastics, modern agriculture and, of course, climate change. But it all started with the Colonel's 69-foot wooden well that ultimately yielded roughly 40 barrels a day. To put that in perspective, the world currently produces some 85 million barrels per day, which provide us with a full 40 percent of our energy.
The Titusville find kicked off the first oil boom (to be followed by similar booms in Texas, Saudi Arabia and, most recently, Brazil) and left us with the enduring legacy of Pennzoil as well as the corporate children of the oil monopolies created by capitalist titans like John D. Rockefeller.
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