4.8 • 954 Ratings
🗓️ 6 January 2017
⏱️ 28 minutes
🧾️ Download transcript
Welcome back all history fans to the Giants of History Podcast!
In this fourth episode of a now five part series, we explore the big pivot Rockefeller makes into the oil refining business. And amidst a number of competitors in the market, Rockefeller’s business acumen quickly finds a way to elevate his refinery over all the others. But another bold move is soon on the horizon for Rockefeller, and he puts all his skills to use in order to see his vision for the business realized. We hope you enjoy!
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0:00.0 | My apologies to all here as I lied last episode and said that this would be the last in the Rockefeller series. |
0:09.0 | Turns out I have one more that follows, but it's worth it as the very final show puts the period on the rise of Rockefeller in a big way. |
0:18.0 | And I'll have it published with Cat-like Quickness, and then we'll be moving into the proper 2017 lineup, which, in my personal opinion, is pretty stacked. |
0:28.0 | So without further preamble. And the There are many stories about John D Rockefeller's first visit to the oil fields in Western Pennsylvania. |
0:58.0 | Most of them fabricated and embellished as his status and legend grew. |
1:04.0 | But there is one that most Rockefeller historians agree on |
1:08.0 | actually happened the way it was told. |
1:11.0 | Now Rockefeller's nature mandated that he know as much as possible about any subject |
1:16.3 | that he was interested or involved in, and this desire for knowledge was even more |
1:21.5 | intense when the subject included any element of money. |
1:26.1 | So it was expected early on that if he was going to be in the oil business, then he would |
1:31.5 | want to see the very place where the oil was coming from. |
1:36.5 | The early oil boom towns were how you might imagine them to be. |
1:40.9 | They were dirty and very grimy places with quickly built makeshift hotels and shoddy housing structures all lining the dusty streets. |
1:51.0 | Author Ron Chernau gives a hell of a description of a place called Oil Creek, and Oil Creek was the name given to the area in Western Pennsylvania that was an early epicenter of all the oil action. |
2:05.0 | Churnow writes that the place was a quote, |
2:07.0 | satanic new world bequeathed by the oil boom, |
2:11.0 | an idyllic valley blackened with derricks and tanks, engine houses and ramshackle |
2:16.7 | huts thickly crowded together in a crazy quilt-like pattern." And you heard the word Derek in there. A Derek is what most people think of |
2:26.9 | when they think of an oil field, even if they don't know it. Derek's are the tall towers that |
2:31.6 | you see littering all oil fields and they stand over the oil well itself and they hold the drilling equipment. |
2:38.0 | And of course in these boom towns there were questionable characters with grungy beards and |
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