What were the effects of the discovery of oil on the state of Oklahoma?

OIL CAPITAL OF THE WORLD, TULSA

With the discovery of oil in 1901, Tulsa changed from a cow-town to a boom town. At the nearby community of Red Fork, a giant oil deposit was found and wildcatters and investors began to flood the city of Tulsa, bringing along their families and settling in. New neighborhoods were soon established on the north side of the Arkansas River and the town began to spread out in all directions from downtown.

Four years later, in 1905, a new, even larger oil discovery was made in nearby Glenn Pool that would lead to Tulsa’s golden age of the 1920s and its title as the "Oil Capital of the World." Many early oil companies chose Tulsa for their home base.

By 1920, Tulsa was called home to almost 100,000 people and 400 different oil companies. The booming town boasted two daily newspapers, four telegraph companies, more than 10,000 telephones, seven banks, 200 attorneys and more than 150 doctors, as well as numerous other businesses.

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