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14 Cards in this Set
- Front
- Back
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What caused the demand for oil to rise dramatically in the mid-1800s?
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The demand for oil increased because of the use of kerosene lamps.
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When did Texans strike oil at Spindletop, causing the beginning of the oil boom?
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1901
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What happened to most of the new companies that formed as a result of the discovery of oil at Spindletop?
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Most of the companies went out of business after the well at Spindletop dried up.
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Who was Patillo Higgins? What did he do?
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Brick factory owner that believed that there was oil at Spindletop and began drilling. He and Anthony Lucas struck oil in 1901.
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Who was Anthony Lucas and what did he do? What was he an expert on?
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He was an expert on salt domes. He answered an ad placed by Patillo Higgins who was looking for someone to drill with him at Spindletop. He and Higgans struck oil in 1901.
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What is a boom-and-bust cycle?
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An alternating period of growth and depression in an industry or economy.
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Why was the oil strike in the 1930s such a surprise? Where was it?
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Geologists believed that there was not oil in East Texas.
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Risks involved in being a wildcatter?
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Extremely dangerous. There was often violence in the boomtowns and the working conditions were unsafe.
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Natural gas
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Gas that can be used as fuel
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Where did Texas oil operators strike oil in 1902?
Hint: 20 miles outside Beaumont |
Sour lake
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What did the Permanent University fund do?
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It set aside 1 million acresbofbland in west Texas for the advancement of the university system in texas
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Why did the Texas Railroad Commission begin regulating the spacing of oil wells in the fields ?
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To prevent over drilling
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Why did few women and children live in boomtowns?
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Boomtowns were dirty, rough places to live and often extremely violent and dangerous.
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What was Santa Rita No.1?
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An oil well drilled in 1923. It helped fund the permanent university fund.
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