Name _____________________________ Class _________________ Date __________________ The Oil Boom Section 1 MAIN IDEAS 1. The Texas oil industry began with the discovery of a major oil field in Corsicana. 2. The Spindletop strike marked the beginning of the oil boom in Texas. Key Terms and People petroleum a thick, dark fossil fuel commonly called oil fossil fuel a fuel formed underground from plant or animal remains derricks refinery towers that support oil-drilling equipment a factory where crude oil is made pure a brick-factory owner who believed oil would be found at Spindletop Hill Patillo Higgins Anthony F. Lucas an engineer who drilled to find oil at Spindletop Hill in 1901 Spindletop strike marked the beginning of the Texas oil boom and the age of oil in Texas boom-and-bust cycle a cycle of alternating periods of growth and depression in an industry or economy Section Summary THE SEARCH FOR OIL The demand for oil rose dramatically after scientists developed kerosene in the mid-1800s. Kerosene was a new form of fuel for lighting that could be made from coal or petroleum. Commonly called oil, petroleum is a dark, thick, liquid fossil fuel. A fossil fuel is a fuel formed underground from plant or animal remains. In Texas, a Civil War veteran named Lyne T. Barret drilled for oil outside Nacogdoches in 1866. His oil well was soon producing 10 barrels of oil a day. However, Barret could not raise the money necessary to continue drilling and had to shut the well down. Texas produced only 48 barrels of oil in 1889, compared to 35 million barrels produced in the rest of the United States. Why did the demand for oil rise in the mid-1800s? _______________________ _______________________ _______________________ © Houghton Mifflin Harcourt Publishing Company 262 Guided Reading Workbook Name _____________________________ Class _________________ Date __________________ Section 1, continued In 1894, drillers searching for water in Corsicana struck oil. The Corsicana landscape was soon dotted with derricks, or towers that support oil-drilling equipment. To process the oil, business leaders constructed a refinery. A refinery is a factory in which crude oil is refined, or made pure, and then made into various products. THE SPINDLETOP STRIKE Pattillo Higgins, a brick-factory owner, believed that oil would be found under a salt dome at a place called Spindletop Hill, or Big Hill, near Beaumont. Salt domes are underground formations that often trap oil and natural gases. In 1899 Higgins hired an engineer named Anthony F. Lucas, who was an expert on salt domes. Lucas agreed that oil was probably beneath the Spindletop dome. He struck oil on January 10, 1901. The Spindletop strike marked the beginning of the Texas oil boom. Hundreds of oil companies formed to drill new wells. BOOM AND BUST AFTER SPINDLETOP In 1902, nearly 20 percent of the oil produced in the United States came from Spindletop. With large quantities of oil being produced, the supply of oil soon outpaced the demand. Oil prices dropped dramatically, and the rush of companies drilling at Spindletop soon drained its oil reserves. These changes in price were part of a boom-and-bust cycle, or alternating periods of growth and depression, in an industry or economy. The boom and bust at Spindletop was the first such cycle the Texas oil industry would experience. Underline the definition of a salt dome. Why did oil prices drop? _______________________ CHALLENGE ACTIVITY Critical Thinking: Identifying Cause and Effect Identify the events that led to the drop in oil prices. © Houghton Mifflin Harcourt Publishing Company 263 Guided Reading Workbook Name _____________________________ Class _________________ Date __________________ Section 1, continued petroleum derricks boom-and-bust cycle Spindletop strike fossil fuel refinery Patillo Higgins Anthony F.Lucas DIRECTIONS Read each sentence and circle the term from the word pair that best completes each sentence. 1. (Petroleum/Fossil fuel) is the general term for a fuel made from plant or animal remains. 2. (Patillo Higgins/Anthony F. Lucas) hired an engineer to drill for oil at Spindletop Hill. 3. The (boom-and-bust cycle /Spindletop strike) occurred in 1901. 4. Drillers used (a refinery/derricks) to support oil-drilling equipment. DIRECTIONS Write two adjectives or descriptive phrases that describe each term given. 5. petroleum ________________________________________________________ 6. refinery __________________________________________________________ 7. boom-and-bust cycle ______________________________________________ 8. derricks ______________________________________________ © Houghton Mifflin Harcourt Publishing Company 264 Guided Reading Workbook