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THE TEXAS OIL BOOM

THE TEXAS OIL BOOM. SECTION 1. The Birth of the Oil Industry. Question #1: How did the Texas oil industry begin?. SECTION 1. 1901:. 1894:. 1889:. 1886:. 1866:. The Birth of the Oil Industry. The Spindletop strike marks the start of the Texas oil boom.

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THE TEXAS OIL BOOM

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  1. THE TEXAS OIL BOOM

  2. SECTION 1 The Birth of the Oil Industry Question #1: How did the Texas oil industry begin?

  3. SECTION 1 1901: 1894: 1889: 1886: 1866: The Birth of the Oil Industry The Spindletop strike marksthe start of the Texas oil boom. The Corsicana oil strike producesthe first major oil field in Texas The Texas oil industryproduces only 48 barrels of oil. Oil is struck in Bexar County,but not enough to keep drilling. Lyne T. Barret strikes oil outside of Nacogdoches but has to shut well down.

  4. SECTION 2 The Growth of the Oil Industry Question #2: How did Texans contribute to the oil boom?

  5. SECTION 2 WILDCATTERS How Affected TEXAS ECONOMY TEXAS GEOGRAPHY The Growth of the Oil Industry independent oil operators who searched for new oil fields; invested in the oil business in hopes of making a profit • expanded Texas oil production • established a natural gas industry • developed oil into a big business through the use of vertical and horizontal integration • drilled for oil across Texas • pumped oil out of new fields in the Gulf Coast, North Texas, the Panhandle, the Permian Basin, and East Texas • depleted some oil fields by overpumping

  6. SECTION 3 Effects of the Oil Boom Question #3: How did scientific advances and new technology change the oil industry?

  7. SECTION 3 Internal Combustion Engine Electricity Petrochemicals Automobiles Effects of the Oil Boom decreased the demand for the oil product kerosene to light homes and businesses ran on gasoline, an oil by-product, and used in automobiles Texas Oil Industry The developmentof petrochemicals, products made from oil and gas, pro- vided new uses for oil. The use of autos with internal com-bustion engines rose and led to a grow- ing demand for gasoline.

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