Essential oil Industrialist who founded Phillips Petroleum in Bartlesville, Oklahoma, which later on merged using the Conoco Essential oil Organization. He led his essential oil company as chief executive until he switched 65. His 1st business enterprise entailed employing farmers to drill down potatoes for 10 cents each day. He originally wished to be considered a big-time banker, however the outbreak of Globe War I produced essential oil prices skyrocket and his organization a lot of money. He wedded Jane Gibson in 1897. That they had a child and used two daughters. He and Edwin Drake had been both business owners who worked well in the essential oil industry.