About This Stamp
The Petroleum Industry stamp commemorated the centennial of the completion of the nation’s first oil well in Titusville, Pennsylvania. The town is known for being the place where the modern oil industry began. The area was first settled in 1796 by Jonathan Titus. The oil rush began when Colonel Edwin Drake began drilling for oil along the shores of the aptly named Oil Creek. The stamp features an image of an oil derrick.
First Day of Issue Ceremony
First Day of Issue Date: August 27, 1959
First Day of Issue Location: TBA