The History of the Standard Oil CompanyTarbell, Ida M. (Ida Minerva)
History
The History of the Standard Oil Company
Tarbell, Ida M. (Ida Minerva)
Petroleum industry and trade -- United States -- History; Standard Oil Company -- History
The oil was valuable, but could it be obtained in quantities great
enough to make the development of so remote a locality worth while? The
only method of obtaining it known to Mr. Bissell and his associates in
the new company was from the surface of oil springs. Could it be
obtained in any other way? There has long been a story current in the
Oil Regions that the Pennsylvania Rock-Oil Company received its first
notion of drilling for oil from one of those trivial incidents which so
often turn the course of human affairs. As the story goes, Mr. Bissell
was one day walking down Broadway when he halted to rest in the shade of
an awning before a drug store. In the window he saw on a bottle a
curious label, “Kier’s Petroleum, or Rock-Oil,” it read, “Celebrated for
its wonderful curative powers. A natural Remedy; Produced from a well in
Allegheny Co., Pa., four hundred feet below the earth’s surface,” etc.
On the label was the picture of an artesian well. It was from this well
that Mr. Kier got his “Natural Remedy.” Hundreds of men had seen the
label before, for it went out on every one of Mr. Kier’s circulars, but
this was the first to look at it with a “seeing eye.” As quickly as the
bottle of rock-oil in the Dartmouth laboratory had awakened in Mr.
Bissell’s mind the determination to find out the real value of the
strange substance, the label gave him the solution of the problem of
getting oil in quantities—it was to bore down into the earth where it
was stored, and pump it up.
Public-domain text, read in full here on John Shaqi.
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