Word: julesburg
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...turning up oil where it has never been found before, the hunt is transforming whole regions. Denver, center of the furious drilling activity in the new Denver-Julesburg oilfields (see map), is already talking cockily of eclipsing Houston as the oil capital of the world. In Montana and North Dakota, whose saucerlike Williston Basin contains immense oil treasures, the Big Sky country's cattle and wheat economy is getting ready for a tremendous upsurge of industry. Men in the area foresee pipelines, refineries and plants turning out "petrochemicals" (TIME, May 12), oil's new frontier...
Denver's own Denver-Julesburg basin, where oil is found at such relatively shallow depths (3,000 -6,500 ft.), is a driller's paradise. Sterling, Col., where British-American oil brought in the discovery well two years ago, has since jumped in population from 7,470 to more than 10,000, and 160 more producing wells have been brought...
...Julesburg, Colo. ... It was named for Old Man Jules, who lost his life and a pair of ears when he inadvertently fired two barrels full of bird shot into Jack Slade, one of the Old West's pet desperadoes...
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