The Rise Of The 19th Century - 1875 Words

The 19th century was a time of great innovation and rapid industrialization. The industry of iron and steel was generating new construction materials, while railroads were being connected across the United States. But one of the most used resources in the world now was discovered, oil as a source of fuel. In 1901, a gigantic geyser of oil erupted from a drilling site at Spindletop Hill, Texas. The spout reached a height of more than 150 feet and produced close to 100,000 barrels a day. This was the most powerful â€Å"gusher† ever seen before by the world. Soon a thriving oil industry formed around the oil field at Spindletop. Many of our current oil companies can trace their roots back there, such as Gulf Oil, Texaco and†¦show more content†¦Even better than expansion it would aid in the development of airplanes and automobiles. By the late 20th century, oil refining, chemicals and petrochemicals continued to dominate Texas industry, though electronics, aerospace and other high-tech fields had increased in importance. (staff H. , Oil companies get a bad reputation, but within reason. When you hear people speak of them they may be referred to as those â€Å"damn corporations†. However, they are extremely important for our economy, they provide the energy that fuels our world. But with great importance has to come great responsibility. The major oil companies are not exactly admirable when it comes to human rights, pollution, or general corporate responsibility. These companies violate human rights all over the world, they aren’t concerned about the environment and more so then less show a lack of corporate responsibility. Of course the oil giants aren’t the only ones dealing with resentment and controversy from the general public. They are however they most target and recognized for it. (Bhandari, 2014) ExxonMobil is the top contender for the worst offences, when it comes to ethical issues. They are known for blatant disregard of corporate responsibility, the rights of humans, and environmental conservation. When it comes to environmental affairs they are number 6 for the highest contributors of airborne pollutants. (Bhandari, 2014)In the last 25