Shreveport was home to first black-owned oil company in the U.S.
Universal Oil, Gas and Mining Company was the first black-owned oil company in the United States. Its headquarters was located at 1051 ½ Texas Avenue in Shreveport. UOGMC got its start at the very beginning of the Great Depression, when the company had only $20 left in its entire treasury after paperwork was filed for the charter.
Source: wkrg.com