A Classification of American Wealth
History and genealogy of the wealthy families of America - Sponsors

 Part 1 : Colonial and Mercantile America  Part 2 : America in the Gilded Age
 Part 2 : America in the Twentieth Century  Encyclopedia of American Wealth

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  Part III-Chapter 15 : Wildcatter Oil Barons  > H. L. Hunt  :     Previous    1 - 2 - 3 - 4 - 5 - 6 - 7 - 8 
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   Haroldson Lafayette Hunt oil glut

Page entitled : H. L. Hunt and the Texas oil glut

Content of this page is about :
How Haroldson Hunt managed the expansion of his Hunt Oil company, despite the Texas oil glut and became the largest independent oil producer

Extract :
the largest lease holder among independents operating in the East Texas oilfield, Haroldson Lafayette Hunt was somewhat caught in between the two currents. As an independent producer, whose needs included the meeting of his notes, he was forced to raise production as fast as possible. But the size of his holdings brought him closer to the majors, whose main concern was the stabilization of the oil price. He solved his dilemma in a quite creative way   ...


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