originally defined by a period known as the "Texas oil boom." In 1901, an oil strike near Beaumont, Texas, revealed an oil reserve on an enormous scale that prompted a wave of land development ...

Traffic across the barren West Texas landscape began skyrocketing ... The Lone Star State was experiencing its latest oil boom, and the Permian Basin – home to a sparsely populated and ...

The newest addition to the S&P 500 may be a relic of the Wild West, but its skyrocketing valuation is a byproduct of the AI boom ... oil was discovered in West Texas during the early 1900s.