Oil in Texas: The Gusher Age, 1895-1945 (Clifton and Shirley Caldwell Texas Heritage Series)

Amazon.com Price: $40.00 (as of 03/05/2019 01:02 PST- Details)

Categories: Americas, Books, Business and Money, Economic History, Economics, Energy and Mining, Energy Production and Extraction, Engineering, Engineering and Transportation, History, Industries, Oil and Energy, State and Local, Subjects, United States

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As the twentieth century started, oil in Texas used to be easy to find, however the quantities were too small to draw industrial capital and production. Then, on January 10, 1901, the Spindletop gusher blew in. Over the following fifty years, oil transformed Texas, creating a booming economy that built cities, attracted out-of-state workers and companies, funded schools and universities, and generated wealth that raised the overall way of life—even for blue-collar workers. No other twentieth-century development had a more profound effect upon the state.

In this book, Roger M. Olien and Diana Davids Hinton chronicle the explosive growth of the Texas oil industry from the first commercial production at Corsicana within the 1890s through the necessary role of Texas oil in World War II. The use of both archival records and oral histories, they follow the wildcatters and the gushers as the oil industry spread into almost each and every region of the state. The authors trace the development of many branches of the petroleum industry—pipelines, refining, petrochemicals, and natural gas. They also explore how overproduction and volatile prices led to increasing regulation and gave broad regulatory powers to the Texas Railroad Commission.

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