Vocab 1
Vocab 2
Vocab 3
100
a supply of a natural resource that is known to exist but has not yet been used.
What is a reserve
100
a stock of a resource from which a person or place can be provided with the necessary amount of that resource
What is Supply
100
People who took great risks to drill in places not known to have oil.
What is a Wildcatter
200
a framework or tower over an oil well used to support drilling equipment
What is a oil derrick
200
Men hired by oil drilling companies to work the drilling rigs.
What is a Roughneck
200
a thick, oily liquid found deep in the earth, used in a natural or refined state as fuel
What is Petroleum
300
a town that experiences a major increase, or boom, in population due to sudden rapid economic growth.
What is a Boomtown
300
the ability and need or desire to buy goods and service.
What is Demand
300
relating to, or characteristic of the countryside rather than the town.
What is Rural
400
a plant where raw petroleum is purified and is made into other products, such as gasoline and kerosene
What is a Refinery
400
the making of products from natural resources
What is Industrialization
400
to contract to use something for a set period of time in exchange for a fee.
What is a Lease
500
More products available than are in demand by buyers.
What is a Surplus
500
relating to, or designating a city or town.
What is Urban
500
First major oil strike of the 20th century in East Texas that produced 80 to 100 thousand barrels of oil per day.
What is Spindletop
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