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Spindletop III

In the third part of his series on the oil century, John Burnett reports that high technology has reinvented the oil and gas industries. Companies can now find oil in places once considered impossible, such as deep beneath the ocean. They also can use high-tech instruments to find oil in spent and all but forgotten places, such as the Spindletop oil field. The new wildcatters say oil supplies may be finite, but the reach of knowledge is infinite. (12:30) More information and previous audio segments can be found on our Spindletop feature page, which accompanies this series on the oil and gas industry.

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