You can probably guess what happened...
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Now Is the Perfect Time to Buy These Hidden Oil Gems Although most of you may have heard of the famous Texas oil gushers in the early days of the U.S. oil industry, I’ll bet only a handful of you history buffs know about the significance of Pico Canyon. Pico Canyon isn’t some isolated oil field out in the middle of nowhere. In fact, It’s only 40 miles north of Los Angeles. Just hop on I-5 going north and hang a louie onto the Pico Canyon road the moment you see the Burger King. Then, assuming you’ve survived the traffic, all you gotta do is drive west for another five miles and you’ll hit what is arguably one of the most important historical landmarks in California’s 174-year history. Much to the chagrin of the state’s governor, Pico Canyon is the birthplace of California’s oil industry. The Star Oil Works Company picked up a man named Charles Mentry to drill a few locations in the area. It took four tries, but that lucky fourth well struck oil on September 26, 1876 at a depth of 370 feet. Here’s a shot of that well a year later: Oil flowed out of the Pico Canyon No. 4 well for roughly 114 years until around 1990.
A few years later... >>> Read the full article here. Share on Twitter You signed up for our newsletter with the email indra21poetra@gmail.com. You can manage your subscription and get our privacy policy here. This email is from Angel Publishing, 3 East Read Street, Baltimore, MD 21202 © Wealth Daily. | | | |
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