Global Information Lookup Global Information

Indiana gas boom information


Indiana Gas Field
Natural gas miners and their drill, near Kokomo, Indiana, c. 1885

The Indiana gas boom was a period of active drilling and production of natural gas in the Trenton Gas Field, in the US state of Indiana and the adjacent northwest part of Ohio. The boom began in the early 1880s and lasted into the early 20th century.

When the Indiana natural gas belt was discovered, the citizens were unaware of what they had found. Nearly a decade passed without action to recover the resource. Once its significance was realized, further exploration showed the Indiana gas belt was the largest deposit of natural gas discovered until then. In addition to the massive quantity of natural gas, in the 1890s developers discovered that the field also contained the first giant oil reserve found in the US, with an estimated one billion barrels of oil. The resource was rapidly tapped for use. Because the gas was being wasted in use, the Indiana General Assembly attempted to regulate its use. In a series of cases, the Indiana Supreme Court upheld the constitutionality of the law.

The poor understanding of oil and gas wells at the time led to the loss of an estimated 90% of the natural gas by venting into the atmosphere or by widespread misuse. By 1902, yield from the fields began to decline, leading to a switch to alternative forms of energy. With most of the gas removed from the field, there was no longer enough pressure to pump the oil out of the ground. An estimated 900 million barrels (140,000,000 m3) of oil remain in the field.

and 14 Related for: Indiana gas boom information

Request time (Page generated in 0.872 seconds.)

Indiana gas boom

Last Update:

The Indiana gas boom was a period of active drilling and production of natural gas in the Trenton Gas Field, in the US state of Indiana and the adjacent...

Word Count : 1733

Indiana Glass Company

Last Update:

company began operations in Dunkirk, Indiana, in 1896 and 1904, when East Central Indiana experienced the Indiana gas boom. The company started in 1907, when...

Word Count : 5243

Petroleum industry in Ohio

Last Update:

Thorla-McKee Well Mansfield Natural Gas Field Berea Sandstone Pennsylvanian oil rush Indiana Gas Boom Texas oil boom History of the petroleum industry in...

Word Count : 1337

Texas oil boom

Last Update:

similar events in North American history: California Gold Rush Indiana Gas Boom Mexican oil boom Ohio Oil Rush Pennsylvanian oil rush Olson (2001), p. 238...

Word Count : 9849

Trenton Gas Field

Last Update:

barrels (160×10^6 m3) of oil. The discovery led to the Indiana Gas Boom. Almost all of the natural gas was removed from the field by 1910, but only about...

Word Count : 323

East Central Indiana

Last Update:

East Central Indiana is a region in Indiana east of Indianapolis, Indiana, and borders the Ohio state line. The Indiana Gas Boom, which took place during...

Word Count : 1049

List of commodity booms

Last Update:

This is a list of economic booms created by physical commodities. "NUEXCO Exchange Value (Monthly Uranium Spot)". Archived from the original on 22 July...

Word Count : 93

2020s commodities boom

Last Update:

The 2020s commodities boom refers to the rise of many commodity prices in the early 2020s following the COVID-19 pandemic. The COVID-19 recession initially...

Word Count : 2196

Railway Mania

Last Update:

when the speculation collapsed. The boom-and-bust cycle of early-industrial Britain was still in effect, and the boom that had created the conditions for...

Word Count : 1652

Florida land boom of the 1920s

Last Update:

The Florida land boom of the 1920s was Florida's first real estate bubble. The economic prosperity of the 1920s coupled with a lack of knowledge about...

Word Count : 1909

Stock market bubble

Last Update:

rush (1874–1880) Colorado Silver Boom (1879–1893) Western Australian gold rushes (c. 1880–c. 1900) Indiana gas boom (c. 1880–1903) Ohio oil rush (c. 1880–c...

Word Count : 1516

19th century glassmaking in the United States

Last Update:

Pittsburgh and West Virginia. The discovery of natural gas in Ohio and Indiana caused gas booms in those regions, but those sources of low-cost fuel were...

Word Count : 6814

History of Indiana

Last Update:

helped decide control of the presidency for three decades. During the Indiana Gas Boom of the late 19th century, industry began to develop rapidly in the...

Word Count : 21635

Cryptocurrency bubble

Last Update:

of most cryptocurrencies starting in January 2018. After an unprecedented boom in 2017, the price of Bitcoin fell by about 65% from 6 January to 6 February...

Word Count : 6046

PDF Search Engine © AllGlobal.net