The rise of blackgold
By Sophia M. and Callie H.
Overview of oil history
Population comparison
To see the difference between the population growth over amounts of oil.
Oil production then and now
Then :863,000 Now:1,087,000
spindle top oil field
oil shooting from the ground
oil fielid
after the big boom
Oil in Texas now
Today oil is between $50 - $60 a barrel over U.S.A
Economic/ social effect
*oil had an social effect on Texas by having people move to new areas , and to meet new people.
*oil had an economic effect on Texas by giving the state money to build schools, which caused a social effect by educating a bigger group of young adults.
Where the information came from!
*http://fuelfix.com/blog/2014/01/08/us-oil-boom-could-ease-in-2015-eia-says/
*http://www.usatoday.com/story/news/nation/2014/01/15/texas-oil-boom-fracking/4481977/
*https://www.txoga.org/resources/economic-impact/
*http://www.wsj.com/articles/plunging-oil-prices-test-texas-economic-boom-1420428781
*http://www.history.com/topics/spindletop
*http://www.oil-price.net/