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Spindletop
Manage episode 371759888 series 2998727
Anthony Lucas's gusher at Spindletop marked "a new era of civilization," yet was the product of the humility, persistence, and practical genius of three Waco-area farm boys. Oil rapidly transformed the Texas economy from stubbornly agrarian and colonial into a first-world industrial power. For the first time in Texas history, Texans began to accumulate capital and were set on a countercyclical trajectory from the rest of the U.S. economy in a way that would only reinforce Texans' contrarian impulses.
Cover photo by John Trost, available online at the American Petroleum Institute.
www.BrandonSeale.com
121 episodios
Manage episode 371759888 series 2998727
Anthony Lucas's gusher at Spindletop marked "a new era of civilization," yet was the product of the humility, persistence, and practical genius of three Waco-area farm boys. Oil rapidly transformed the Texas economy from stubbornly agrarian and colonial into a first-world industrial power. For the first time in Texas history, Texans began to accumulate capital and were set on a countercyclical trajectory from the rest of the U.S. economy in a way that would only reinforce Texans' contrarian impulses.
Cover photo by John Trost, available online at the American Petroleum Institute.
www.BrandonSeale.com
121 episodios
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