Energy Timeline By ianrahn Jun 28, 1859 First oil well discovered in Titusville PA Jul 27, 1870 Rockefeller founded standard Oil Company Aug 11, 1901 First Gasoline- powered car was mass- produced Mar 3, 1905 first gas station opened Jun 28, 1911 U.S. military converted to oil as fuel source Apr 23, 1930 East Texas Oil field discovered Dec 22, 1956 President Eisenhower signed the federal - Aid Highway Act into law May 30, 1973 OPEC Limited the supply of oil for sale, dramatically raising prices Jun 28, 1991 President George H.W bush authorized the first drawndown the strategic Petroleum Reserve Sep 7, 2001 Trucks replace cars for the first time on car and Drivers stop selling vehicle list
