too much oil :p
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he made the cotton gin whitch led to the cotton boom
The Spindletop gushed hundreds of thousands of gallons of oil on January 10, 1901 marking the start of the oil boom for the United States. Located a few miles south of Beaumont, Texas, a salt dome was discovered to contain enough oil that once drilled into, spewed oil over 100 feet high. From then, people in Texas knew how to tap the lucrative substance successively and was able to continue with multiple wells which led to the U.S. becoming the top producer of oil at the beginning part of the 20th century.
The OPEC nations dramatically raised oil prices.
The opposite of a boom period is a recession.A recession is the opposite of a Boom Period.
African nations export oil, cotton, diamonds, coffee, cocoa, animals, copper, bauxite, uranium, iron, seafood,and tobacco. The most famous export is diamonds.