Longhorns, a “new” breed of cattle, became more valuable in Texas. Longhorns are PERFECTLY built for life in Texas, they can go long periods of time without water, they are immune to a disease called “Texas fever”, and can even eat a cactus! They don’t have too much meat though, most of their weight is bones and horns.
The new unexpected rise of oil made it so it wasn’t as valuable so the price lowered to an all time low of 3 cents a barrel. Many companies raced over to get in on all the oil the brothers found, eventually the field was destroyed. Most of the oil companies went out of business when their oil wells dry out.
Railroads allowed new commercial areas for farming. “Spur lines” were extended to main lines regions where cotton could be easily grown. Commercial farming began to BOOM!!!! Thus agricultural goods prices shot up, in east texas their value rose from over 10 million to almost 40 million.