Saturday, November 16, 2024
37.0°F
SPINDLETOP OIL FIELD MUSEUM
Oil companies at Spindletop in Beaumont, Texas (shown here), rejected Standard Oil’s attempts to buy them out, because of state anti-trust laws and because of  Standard Oil’s reputation of cutthroat business practices — the rejection  enabling Texaco and Gulf Oil drilling at Spindletop to grow.