For much of the twentieth century,the basis for the Texas economy was

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Petroleum became the basis for the Texas economy from the early twentieth century when oil was discovered in Spindletop, Texas in 1901. The demand for oil boomed, and by the 1920s, Texas was producing more than half of the nation's oil. The oil industry brought many jobs and investments to the state, making it a mainstay of the Texas economy for much of the twentieth century.

For Much of the Twentieth Century,the Basis for the Texas