Shane Parrish
speaker
20,548 appearances
48 recordings
3 series
first heard May 2025
last heard 1 Sep
Shane Parrish’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 29 in all, peaking in Jan 2026 with 4.
Appearances
Butchers became drillers.
Bankers became drillers.
Land that had been worth a dollar an acre was changing hands now at thousands.
Wells were going in along the creeks faster than anyone could count them.
Prices for crude spiked and then crashed and then spiked again.
Fortunes were made and lost inside of a week.
And John D. Rockefeller was watching from a desk in nearby Cleveland.
He was 20 years old.
He owned half a commission house that handled produce from one of the most productive farm regions in North America.
He had a reputation along the waterfront for paying his bills.
He had a banker who had lent him money on a growing pile of warehouse receipts.
And he had a partner who was beginning to grow nervous about all of that borrowing.
And he was watching an infant oil industry that had no idea where it was going or what was coming next.
Rockefeller watched the oil frenzy for three years and didn't move.
He saw the pattern.
Drillers would punch holes in the ground and pray.
When or if they hit, they flooded the market and the price of crude oil collapsed.
Many of the men who had to borrow to drill then went broke.
A few months later, the survivors and any newcomer started the whole cycle all over again.
But the refining of oil was a different beast.
Showing 901–920 of 20,548 · page 46 of 1028
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