Oil In Texas and Its History By brittanaforever123 Period: Jan 1, 1900 to Jan 1, 1940 History of oil Time Jan 1, 1901 Anthony Lucas strikes oil at Spindletop Jan 1, 1902 Spindletop produces over 17.5 million barrels of oil Jan 1, 1914 Houston Ship Channel opens Jan 1, 1916 Federal Aid Road Act is made law Jan 1, 1930 C. M. "Dad" Joiner makes a major oil discovery in East Texas Jan 1, 1936 Texas has more than 1.5 million vehicles Jan 1, 1936 State highways total more than 21,000 miles