AR Between the Wars

By: Philip Reeves

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Oil Discovery and Boom Towns

The booming economy in the twenties caused a group of people called the "wildcatters" to search across the US for oil. The first big discovery was near the small town of El Dorado. It was discovered by speculator Samuel T. Busey. Once word of his discovery got out, people from all around came in hopes that they would make it off with money. It was because of this large influx of people that created boom towns in the surrounding area.