How did the spindletop oil boom affect the local economy and national oil prices? Spindletop produced more than 17 million barrels of oil! As a result, the prof oil dropped by 1902 oil prices had hit an all-time low of 3 cents! These changes in price were apart of the boom-and-bust cycle, or alternating periods of growth and depression in an industry or economy.
What system did Texans use to move cattle from one place to another to make money? They put them in groups,and made them travel for long hours a day. The ranchers on a good day they traveled more than 10,000 miles! When they arrive in the town they sell these cattle to city’s that don’t have that much beef. hey staged cattle drives, in these drives they herded the cattle
What were some advantages of railroads over other types of transportation in Texas? Most Texas rivers were either too shallow or too unreliable for shipping goods, and dirt roads turned into mud during wet weather. As a result, moving people and goods was a time-consuming and expensive. Railroads promised cheap, fast, and reliable transportation. It was also cheaper to ship goods by by railroad than wagon.