b' Quarterin History .May, JuneandJuly continuedWMIC: Tina Myers explained that National health expenditures had experienced a growth rate of50 Years Ago -subhead Marathon of Ohio Oil -wrdoc 2019) 7.2% over the1975 [Intermountain"Just two years after being featured last five years.Oil Marketer on the cover of TIME in 1950, Texas A federal reportAssociation (IOMA)]wildcatter \'Diamond\' Glenn McCarthy predicted thatIOMA President waswas in serious financial trouble with annual health careKen Kellerstrass of Kellerstrass Oilone of his many oil ventures." (AOGHS spending wouldin Ogden, Utah, with Jim A Murphy double to $2.1continuing as Executive Director in Salt trillion by 2007. InLake City, Utah. 1999, prescription drug cost alone1975 [American Oil & Gas Historical rose 15.2%, and itSociety (AOGHS) by Bruce Wells ] "A Texas was projected thathistorical marker . dedicated in 1975 those costs wouldnear Ozona noted that Crockett Countys continue to growfirst producing oil well, \'Powell No. 1,\' was between 13% tothe beginning of a vital new industry 17% annually. Anfor Crockett County. Before 1925 it was option on medicalprimarily a ranching area. The next and pharmaceuticalimportant strike occurred in the Crockett-subhead Glenn McCarthy Inc - download 2019)care was giventoField in 1938. There are currently over"Beginning in the 1950s, many Alaskans had tried their hand minimize the costsSummer/June 2000 WPMN Clips 2,000 producing oil and gas wells in theat wildcatting, notes one historian."(AOGHS -head Alaska Oil & Gas of staying healthy. county. (AOGHS Heading Old World Oil Company 2019)aoghs.org. Development Company-2019) 2000 (May 1) Bill Clinton1975 (May) The unemployment rate peaked at 9.0%,"During the Great Depression, some fortune seekers were convinced a \'divining rod, a doodlebug, a switch, or a announced that accurate GPSending the Post-War Boom. twig\' could find oil fields. In the 1950s, others invested in access would no longer be(June 20) Universal Pictures doodlebug technology they were told came from flying restricted to the US military. released Steven Spielbergssaucers. Then as now, any \'miraculous machine could (M ay 19) Walt Disney Picturesadaptation of Peterhelp fleece the gullible. Not long after the December 1931 39th feature and first 3DBenchleys bestseller Jaws indiscovery of the Conroe, Texas, oilfield, a \'doodlebug\' device animated film, Dinosaur, 409 cinemas across the US.swindled Houston oil investors out of was released. It was considered to be the$20,000."(AOGHS - head Oil Prospectors, Inc.) 2000 (June 7) US Microsoft first modern blockbuster."In 1950 Frank Scully had published antitrust case: A Court1975 (July 17) ApolloSoyuz Behind Flying Saucers, a book reporting ordered the breakupTest Project: An American Apollo and Soviet Soyuzcrashed UFOs (powered on magnetic of the Microsoftspacecraft docked in orbit, marking the firstprinciples) and the discovery of dead corporation becausesuch link-up between spacecraft from theextraterrestrial beings."(AOGHS - head of its monopoly in thetwo nations. It was also the last ApolloDoodlebugs, Magnetic Loggers & Flying Saucers) computer softwaremission and the last manned US space1950 (Ma y 3) The Kefauver Committeemarket.mission until STS-1 (the first Space Shuttlehearings began, a US Senate 2000 (July 14) X-Men,orbital flight). investigation into US organized crime.directed by Bryan Singer, wasLed by Senator Estes Kefauver, the released as the first film in the75 Years Ago committee sought to uncover the X-Men film series. 1950s According to Drye,extent of organized crime and its (July 31August 3) TheTranscontinental can best be rememberedinfluence in interstate commerce. for a significant first when in 1929 theyThe hearings, held in 14 cities and Republican National Conventionopened several Marathon stations in Dallas,widely televised, exposed key in Philadelphia, PennsylvaniaTexas in conjunction with Southland Icefigures in organized crime and nominated Texas Governor GeorgeCompanys Totem stores (later 7-Eleven)highlighted the lack of cooperation among W. Bushcreating the first gasoline/conveniencelaw enforcement agencies. for US store tie-in. The Marathon brand proved soThe committee\'s work, which lasted for 15 months, brought president and Dickpopular that by World War II the name hadorganized crime into the national spotlight and had a Cheneyreplaced Linco at stations in the originalsignificant impact on public perception and understanding for vicefive state territory. After the war, Ohio Oilof the issue. The televised hearings, particularly those president. continued to purchase other companiesfeaturing witnesses like Frank Costello, brought organized and expand throughout the 1950s."(AOGHScrime into American living rooms for the first time. 26 www.wpma.com / Summer 2025'