Sept. 19 – On this day in Montana
history in 1933 the Santa Rita oil pipeline began carrying most of the oil in the
Cut Bank oil field to the rails near Cut Bank. The Montana Oil and Mining Journal reported that
the cost to producers to get oil to the market was cut from about 40 cents per
barrel, which had been the cost to using trucks, to 28 cents per barrel using
the new pipeline. The economy of the area was booming.
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