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The park is also the site of the first oil well in Florida. It was drilled in 1919 based on information from local legends and a 400-year-old Spanish diary. The well, which reached a depth of 4,912 feet (1,497 m) never proved to hold a commercially viable amount of oil and was capped in 1921. [5]
Florida is tied with North Dakota as having the fewest earthquakes of any US state. [7] Because Florida is not located near any tectonic plate boundaries, earthquakes are very rare, but not totally unknown. In January 1879, a shock occurred near St. Augustine. There were reports of heavy shaking that knocked plaster from walls and articles from ...
There are two oil-producing areas in Florida. One is in South Florida, with 14 fields, and the other is in the western panhandle, with seven fields. The South Florida fields are located in Lee, Hendry, and Collier county. Florida’s first oil field, the Sunniland field, in Collier County, was discovered in 1943.
The company is currently run by the Barkett family. The Barketts entered the motor oil business by buying Petroleum Packers, a company in Port Tampa Bay, in 1977. In 1997 the Barketts acquired Amalie Oil from Sun Oil Company and merged Petroleum Packers into Amalie. [3] The combined company has been headquartered in Tampa, Florida, since 1998. [5]
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With the demise of wooden ships, those uses of pine resin ended, but the former naval stores industry remained vigorous as new products created new markets. First extensively described by Frederick Law Olmsted in his book A Journey in the Seaboard Slave States (1856), [3] the naval stores industry was one of the economic mainstays of the southeastern United States until the late 20th century.
Though Disston's canals did not drain, his purchase primed the economy of Florida. It made news and attracted tourists and land buyers alike. Within four years property values doubled, and the population increased significantly. [15] One newcomer was the inventor Thomas Edison, who bought a home in Fort Myers. [20]