Age of Oil in Texas

When was oil founded in Spindletop?

• 1900

• 1901

• 2001

• 1911

What caused the population "boom" in Beaumont, Texas? Population grew from 10,000 to 50,000 within a year.

• The cattle drive industry was prospering.

• The lumber industry producing more lumber for steel.

• Discovery of oil on a hill called Spindletop.

• Discovery of gold and other precious metals.

Oil was referred to as _________________________ since it had the power to make overnight millionaires.

• Crude Gold

• Crude Money

• Liquid Cash

• Black Gold

Before the Oil industry, what was the main economic industry in Texas?

• Cattle & Railroads.

• Petroleum

• Petrochemicals

• Lumber

What nickname was given to towns that were created quickly due to the rush of people towards successful oil fields in Texas?

• "boom towns"
• "ghost towns"
• "oil towns"
• "rail towns"

Alternate periods of high and low levels of economic activity in the business cycle.

• Boom and Bust

• High and Lows

• Ups and Downs

• Increase and Decrease

An oil well that produces a large and forceful flow of oil is a

• Derrick

• Gusher

• Boomtown

• rig

Who created the rotary drill bit and influenced the Petroleum (Oil) Industry?

• James Hogg
• Women of World War I
• Howard Hughes Sr.
• LULAC

What caused for rural Texas to urbanize and have boomtowns pop up all over Texas?

• discovery of oil
• discovery of railroads
• cattle industry
• Windmills

Which word means: A period of great profits followed by downward trend in an industry.

• Industrialization
• Urbanization
• Boom and Bust Cycle