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Olean was founded at the headwaters of the Allegheny River in 1804 by Revolutionary War hero Maj. Adam Hoops. The settlement flourished as a supply depot and departure point for pioneers heading west on makeshift rafts and flatboats. With the completion of the Buffalo and Washington Railroad in the 1870s and a subsequent oil boom, Olean emerged as a major petroleum shipping center at the turn of the 20th century. The name Hoops gave his land 100 years earlier is derived from the Latin word oleum, meaning oil. Learn More...