March 12, 1943
A group of oil field roughnesck were secretly sent to the UK to help the Brits drill for oil in Sherwood Forest and provide a submarine-proof source of fuel. You can read more about this little known piece of history here.
March 12, 1968
Prudhoe Bay oil field discovered by ARCO and Exxon. It was 250 miles north of the Arctic Circle and remains the largest oil field in North America.
March 9, 1974
Construction of the 800 mile Trans Alaska Pipeline began. It will cost $8 billion and take three years. I was actually in Alaska when they started up the pipeline. Progress of the "pig" was a daily news item. Note that took less than 10 years from discovery to delivery for North Slope oil - that is an example of American ingenuity.
March 12, 1974
OPEC ends the oil embargo