On January 10, 1901, a well at Spindletop struck oil (“came in”). The Spindletop gusher blew for nine days at a rate estimated at 100,000 barrels (16,000 m3) of oil per day. Gulf Oil and Texaco, now part of Chevron Corporation, were formed to develop production at Spindletop.
Devil walks into bar. Orders drink. Asks Philosopher sitting next to him: “And what do you do?”