What Happened in History: Browse Historical Facts on Kudos 365

The Lucas Gusher at Spindletop, just south of Beaumont, Texas, blew a stream of oil over 100 feet high on January 10, 1901 until it was capped nine days later and flowed an estimated 100,000 barrels a day. The oil was found at a depth of 1,139 feet and it herald the beginning of the American Oil era. While some made fortunes, others lost everything. More