Unit 14
Texas Oil Boom
(The Age of Oil)
1901
Discovery of Oil at Spindletop
We're now on Unit 4 Spanish Colonial
Texas Oil Boom
(The Age of Oil)
1901
Discovery of Oil at Spindletop
Oil in Texas
During Unit 14, we will explain the oil industry's political, economic, and social impact.
We will also explain the effects of environment modification, limited resources, and alternative energy resources.
Specifics:
Spindletop, Lucas Gusher, Exxon and association with Humble, Texas and Humble Oil
Political impact:
The involvement of the Texas Railroad Commission set limits to regulate and control oil prices
Economic impact:
Growth of cities and rise of boomtowns
Increased jobs and oil-related services
Development of other parts of the state
Growth of automobile industry
Social impact:
Improved the standard of living in Texas
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