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:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)