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When Mormon scouts wandered through the Bear River Valley of southwestern Wyoming in the 1840s, they found oil flowing into streams and used it to grease the axles of their wagons. But it was not until 1974, when a deep pool of oil was tapped at Pineview Field outside the small town of Evanston, that the rush began...

Author: /time Magazine | Title: Nation: Life in Oil City, U.S.A. | 12/15/1980 | See Source »

...most exciting strike was made in 1975 when a drilling crew hit oil and gas deep in northern Utah's Pineview Field in what is known as the "Overthrust Belt." A giant geologic knot that twists from southern Colorado to the Canadian border, the belt was not considered worth serious exploration at previous prices because of the tough and expensive drilling conditions. Pools of oil and gas are randomly located and perched on top of one another, and such formations make traditional exploration and analysis difficult, if not impossible. Says A.B. ("Pete") Slaybaugh, chief of Continental...

Author: /time Magazine | Title: Business: Denver's Mile-High Energy Boom | 8/13/1979 | See Source »

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