History of Oil in the U.S.

history of oil | oil creek pennsylvania

Oil Creek in Pennsylvania

The United States is the world’s largest oil and gas producer.  The U.S. overcame both Saudi Arabia and Russia in 2014 and according to the International Energy Agency (IEA) the U.S. will remain as the top oil and gas producer for the foreseeable future.  The history of oil in the U.S. and the history of the petroleum industry in the United States goes back to the early 19th century, although the indigenous peoples, like many ancient societies, have used petroleum seeps since prehistoric times. Where found, these seeps signaled the growth of the industry from the earliest discoveries to the more recent. Petroleum became a major industry following the oil discovery at Oil Creek Pennsylvania in 1859. The stream was named after the oil that was found along its banks before the historic oil strike by Edwin Drake in Titusville, PA.

Swan Energy CEO Brandon Davis has seen the oil and gas industry first hand from growing up in western Oklahoma.  To learn a little more about Brandon and the history of oil in the U.S., take a look at this video we produced.

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