The Oil Boom and Bust Era. The Essentials. Spindletop. First major oil find in Texas Discovered in Beaumont, Texas 1901 Signaled the start of the Texas petroleum industry/oil boom Discovered by Anthony Lucas, who had been hired by Patillo Higgins.
Question:If you had property in Beaumont, Texas in 1901, what would you have done with it after you heard about the discovery at Spindletop?Discuss this with a table partner.