SLIDE 1
Im Impact of f Discovery ry
- Populist sentiment against Standard Oil was particularly strong at the
time of the Spindletop discovery and the mega-corporation could not move in on the discovery due to state of Texas anti-trust laws. This
- pened the door for many companies, foremost among them Texaco
and Gulf Oil
- Beaumont's population went from 10,000 to 50,000 in 3 months
- By the end of 1902, more than 500 companies had been formed and