Business enterprises -- Colorado
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In a general meeting of the Mesa County Historical Society, Armand de Beque describes the history of oil shale development in De Beque and the Piceance Basin, Colorado. He offers three stories for how it was discovered that oil shale can burn. He describes the founding of the Shale Oil Syndicate, an organization founded by his father, Dr. W.A.E. de Beque, William R. Warren, George Newton, and William Dinkel. He explains the lengthy process the Shale...
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Compound
Adam Reeves describes his education, which includes a degree from the University of Denver and a degree in Chemical Engineering from the University of Oklahoma. He also mentions his military service in Europe during the 1940s. He arrived in Western Colorado in October 1947 and worked as a federal employee for the Anvil Points Research Facility near Rifle, CO. He explains that the facility was operated by the United States Bureau of Mines after the...
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Event
On May 2, 1982, Exxon announced that it was pulling out of its 60% share in the Colony Shale Oil Project near Parachute, Colorado due to the rapidly declining price of oil and the high expenses of producing synthetic oil from shale. The effects on the local economy were immediate and devastating, causing businesses to fold, real estate values to plummet, and leading to layoffs of 2,200 Exxon workers. In the years between 1983 and 1985, nearly 24,000...
Format:
Compound
Penelope Eberhart talks about her father Harry Brown’s introduction to oil shale while on a family vacation in Denver in the 1920’s, his subsequent move to the De Beque area on the Western Slope, and his early business venture in oil shale with the Index Oil Shale Company. She speaks about the mining and milling process for shale, and about a biproduct of the milling process marketed as plant fertilizer called Index Soil Vitalizer. She talks about...
Format:
Voice Recording
Sterling Smith, executive officer of the C.D. Smith Drug Company, talks about the childhood and life of his father, C.D. Smith, who founded the company. He describes his father’s success and the growth of his business into one of the first drugstore chains in Colorado. He discusses diversification of the business as it became involved with wholesale candy sales, chemical manufacture, and real estate. He talks about activities of C.D. Smith and the...
