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The Increase Of Boomtowns
Boomtowns sprang so fast that they were laking in city ssrvices.A impact is supply and demand is oil prices dropped to an all time low of 5 cents a cup.East Texas became the largest oil producer. In fact, so much oil was produced that the price per barrel fell drastically. To control prices, the state and federal governments began to set limits on production.The rise of boomtowns in affect urbanization in Tx because it attracted all kind of people because they wanted to be part of the oil. -
The East Texas oil field
Eastern part of the state soon became the hot spot in1930 Columbus M. Dad joiner made one of the richest oil discoveries in history. Joiner belived there was oil in Rusk Country,depite geolgiste doubts.Columbus M. drilled two holes near Henderson and on October 3,struck oil on the third try.Within the first year 1,200 fields were giving out 9000,000 bairels of oil fields covered five counties and contained about one third of the natian's oil reserves.
