Isaiah Frazier Business
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Isaiah Frazier is a member of the following lists: 1864 deaths, American people of Irish descent and 1823 births.
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Details
| Birthday |
30th November, 1822
|
| Died |
24th June, 1864
|
| Occupation |
Business
|
Isaiah N. Frazier (1823, Butler, Pennsylvania – June 24, 1864, New York City) was an oil speculator who in 1864 was the first to discover oil in what became Pithole City in Verango County, Pennsylvania. The legendary and largest oil boomtown grew almost overnight, its population reaching 20,000 in 2 years, only to then fall to under 2,000. Frazier had previously profited from an oil venture at nearby Cherry Run before he and his partner, James Faulkner, drilled Frazier Well (later renamed U. S. Well) at Pithole. Frazier formed United States Petroleum with wealthy Wall Street financier, J. Nelson Tappan, who became the company's president. Pithole was termed "Tappan's Mushroom City" by the New York Times.
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