This has been a great and inspiring thread. I wanted to share the notes I made about it and also some answers.
I was drilling "low carbon, also known as mild steel" bars I just bought from McMaster-Carr, whom I've never found selling something different than what they claim, not in 40 years of shopping there. They describe it like this:
Yield Strength: 54,000 psi
Hardness: Rockwell B70 (Medium)
Heat Treatable: Yes
Max. Hardness After Heat Treatment: Rockwell C60
Specifications Met: ASTM A108
I was applying 3-in-1 oil from a small can. I found a number of web references saying this is dumb, and a couple saying this is smart.
My drill bits, well, shame on me. I should have figured this was asking for trouble. I was using a "Do it" brand 21 piece titanium coated set. They were made in China. I probably bought this set 25 years ago. It cost $16. I'll buy a better set and am researching the question now, but thinking cobalt, maybe with titanium nitride coating (note "cobalt" and "titanium" are two different questions and you can get bits that are one or the other or both or neither). Maybe split point.
I'm reading such a wide range of statements about Drill Doctor sharpeners; apparently if you go to a machinist forum, everybody will point and laugh at you if you say they're any good, and the only good sharpeners are very very expensive and no longer made.
Here are my notes summarizing (and sometimes paraphrasing) the specific things I took special notice of in this thread:
big difference in quality of tools bits
Home owner -> tradesman -> manufacturing
use the cutting oil
use one of these rigid oilers
use a drill doctor
135° better on steel
First drill most likely went dull then work hardened the hole
slower on the RPMs
recommended drill bit speeds were designed for production work
getting hot, smoking, or not drilling at the rate it was in the last hole, it's time to stop and investigate
use good quality cobalt bits
haven't bought anything but cobalt bits for the last 20 years
NEVER use petroleum lubricating oil
pilot hole about the size of the web of the final drill
When drilling steel, MAINTAIN THE CHIP! that is, keep the cutting lips cutting, don't RUB.
perfectly fine to go slower or even a lot slower
chatter also related to too high RPM, indicator that things weren't going well
on those size drills, I wouldn't even bother with pilot holes
Feed rate is just as important as speed
mistake #1 was drilling a pilot hole for such a small final size anyway
only need to pilot larger bits that aren't split point
read the chips, feed it too light for the speed = chips turn blue, too hot
don't let the chips turn colors more than a light straw on HSS
doubt work hardening was an issue with mild steel
proper cutting is removing heat
TapMagic and pressure for a good chip curl works for my cheap drill bits
AnchorLube for a lubricant
only use a pilot hole in mild steel for 1/2" diameter holes and larger
smoking and/or hot, stop and let it cool off
Blue chips are bad unless using carbide cutting tools
Apply light pressure for about 5 seconds then wipe the bit with the brush with my off hand while pulling it out
clears the chip, cools the bit, and allows some coolant into the hole
don't want to ever see long, stringy chips
disagree about never wanting a long stringy chip, indicates good and consistent feed pressure
Rule of Thumb, spindle speed = 4 X SFM / Dia, HS tooling = 100 SFM, Carbide tooling = 300 SFM
My parts for this project are finished except for one weld I need to find a welder to do for me. It's an assembly that clamps onto my FEL mounting frame, and holds a vertical exhaust mod in place so I'm not driving over my own exhaust all the time. I have the mod prototyped, hanging from a pipe attached to my canopy, and what it does for exhaust is perfect; now I just want it sturdy and not hanging from the canopy.
I will, however, get my drilling resolved better, so the next project does not hit any problems.
Thank you all very much, it's been a great education!