Economy
The creek's environs were the site of substantial oil and gas extraction activities in the late 19th century and 20th century. An oil boom began in the region in the 1860s. It peaked in Middlebourne in the 1890s, and an oil refinery operated in St. Marys between 1914 and 1987. Glass- and carbon-manufacturing facilities were built in West Union and Smithburg in the early 20th century, owing to the availability of natural gas.
Read more about this topic: Middle Island Creek
Famous quotes containing the word economy:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)