Spindletop Texas Research Paper

On January 10, 1901, a huge geyser of oil exploded from a drilling site at Spindle top Hill, by an underground salt deposit located near Beaumont in Jefferson County, southeastern Texas. Reaching a height of more than 150 feet, the “gusher” was more powerful than any previously seen in the world. A booming oil industry soon grew up around the oil field at Spindle top, and many of the major oil companies in America.

Oil has created new opportunities such as college for people who want to or need to have for their jobs. People now have a better chance of going to college than they use to. The legislature had given the two schools UT and Texas A&M two million acres of land. When oil came into town in 1923 it was a booming business. Now that the oil had came into town the oil and land produced 4.4 billion dollars for the university of UT and Texas A&M. Oil money from land grants helped develop higher education levels in Texas. Overall oil has made a huge impact on school in a great way.

Texas will be known for there huge amount of oil. Oil is one of the many reasons we are more social active. Oil brought social changes all threw Texas. Three important social changes oil brought to Texas in the 1900’s is the impact it had on minorities, the impact of the community coming together for a football team, and the increase of a higher education.

There had long been suspicions that oil might be under "Spindle top Hill." The area was known for its vast sulfur springs and bubbling gas see pages that would ignite if lit. In August 1892, George W. O'Brien, George W. Carroll, Pattillo Higgins and others formed the Gladys City Oil, Gas, and Manufacturing Company to do exploratory drilling on Spindle top Hill. The company drilled many dry holes and ran into trouble, as investors began to balk at pouring more money into drilling with no oil to show for

In a literal sense, World War I provided Texas A&M the opportunity to fulfil its role as a land grant

In 1920s and 1930s, oil became a big boom in Texas. Roustabouts came from all over Texas. Oil could be made out of gasoline, natural gas and kerosene. Let’s talk about Texas Oil and social change in Texas. I’ve chosen to talk about minotersin west Texas, coogle in parts of Texas, and the divorce rates.

The growth of transportation was vital to the expansion of the Texas economy because , good transportation system would develop Texas quickly. Farmers and merchants would sell their goods and market it faster, if they have railroads. Railroads were quicker and cheaper. People believed that railroads would help cotton farmers, ranches, and businesses do better.

In 1870 him and others began the Standard Oil Company, which swiftly took out others and became the biggest corporation in America. Rockefeller did everything to keep his business on top: running pipelines, buying transportation to control the whole cycle, and even buying land to stop others from piping, nothing was going to stop him from international takeover. (Bio 2014) In merely a decade, John Rockefeller had managed to create a near monopoly of the oil industry from coast to coast. This is when the government stepped in, and in 1890 created the Sherman

Oil was being used to grease the wheels of America's infant industries, to fuel the expansion of growth. Rockefeller lamented that so many wells were flowing that the price of oil kept falling yet everyone went right on drilling. He saw an industry plagued from overproduction and his own success was being threatened by ruinness cut throat competition. John D. was shrewd enough and he was analytical enough that he realized that in order to figure out a way to save his own firm and his own newly-won fortune, that he had to figure out a solution for the entire industry. It was at that point that John D. began to conceive of the oil industry as one big interrelated mechanism. And you couldn't just change one component, you had to control the entire machine.

Believe it or not, oil has been a big deal in america.Ever since the colonization up to today. The early American Colonist used oil for lamp propellant and for oiling machines. On August 28 of the year 1859, the Pennsylvania Rock Oil company, before renaming to Seneca Oil Company, first struck oil in the colonies in Titusville, Pennsylvania. The owner of the Seneca Oil company was Colonel Edwin Drake. He called himself a colonel to impress. Edwin Drake was not a real colonel. “He was called “Crazy Drake” because he wasted more than 40,000 dollars from investor’s and his own in a research, that didn’t give results until a year or more after.” Edwin Drake made it possible for the use of a drilling rig on a well successfully. The Seneca Oil produced

Later, Hunt became acquainted with Joiner who had quite recently found oil in the 4000 acres of land inside Texas. In any case, he required funding to bore, which he needed right then and there. Nor was he in a condition to obtain money, being a lot paying off debtors. He even attempted to offer his territory, yet the substantial oil organizations were not intrigued. Hunt gave him an offer of thirty thousand USD in real money, and more than a million USD in oil when it got to be delivered. Along these lines, Hunt obtained rightful access to the best oil revelation of that period. Hunt could make his own system of pipelines and he provided the Sinclair Oil Company with tank autos alongside oil that was produced by his company. After that, he

Oil subsides were created around 1916 during the beginning of automobile. Tax breaks were given to companies that hit dry drill holes to help keep them afloat so the companies could keep exploring for oil. The spillovers were positive one because oil ultimately fueled the beginning of the industrial revolution that would help shape America.

Another benefit of offshore oil drilling consists of increasing job opportunities for people. The unstable economy in the United States results in people losing their jobs quite often. In the book Offshore Drilling, the loss of job opportunity in the United States is explained this way:

Houston is one of the most active energy exporters in the United States and home to over 300 petroleum refineries, and over 200 private oil companies. Technological innovation has led to major developments in the upstream energy exploration and production and, as a result, has evolved into rapid business growth locally. Although this has seemingly boosted market capital and broadened energy output in domestic markets that didn’t exist a century ago, nationalized foreign oil dependency still represents one of the top aggregate forces influencing current domestic energy. This can be examined in recently the approved Mexican constitutional changes that are opening up the energy sector to private and foreign investment. PEMEX, the premier oil major of Mexico, has been troubled recently by its declining oil supply and reserves. Plagued by illegal activity near its plants, and internal corruption, PEMEX turned to the Mexican government for legislative reform in energy trade with the hopes that it will help bolster its position in North American markets. The opening of Mexico’s oil industry is expected to increase energy trade and open new opportunities for U.S. companies and those who are already invested in the upstream infrastructure and oil field services. If this legislation reform influences growth and investment in Mexico, it will help Mexico compete in the North American energy market, and ultimately affect the Houston economy.

Some may argue that drilling for oil in the gulf has more pros than it does cons. Producing oil domestically would mean relying less on importing oil, boosting locally and federal economies. This would also mean a large increase in job opportunities. By halting the production of oil in the gulf an estimates 23,000 jobs were lost in 2010 alone (George 1). By increasing the amount of oil rigs in the gulf the number of jobs gained could be double this. However, in the event of another spill like the one in 2010 this would simply mean an even greater number of people without