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===Oil===
 
===Oil===
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Throughout the 1920s, new oil fields were continually discovered and Oklahoma produced over 1.8 billion barrels of petroleum, valued at over 3.5 million dollars for the decade.<ref>Baird and Goble, ''The Story of Oklahoma'', (1994) p. 366</ref> In 1920 the spectacular Osage County oil field was opened, followed in 1926 by the Greater Seminole Oil Field. When the [[Great Depression]] Oklahoma and texas oil was flooding the market and prices fell to pennies a gallon. In 1931 Governor William H. Murray, acting with characteristic decisiveness, used the National Guard to shut down all of Oklahoma's oil wells in an effort to stabilize prices. National policy became using the [[Texas Railroad Commission]] to set allotments in Texas, which raised prices as well for Oklahoma crude.
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Throughout the 1920s, new [[oil]] fields were continually discovered and Oklahoma produced over 1.8 billion barrels of petroleum, valued at over 3.5 million dollars for the decade.<ref>Baird and Goble, ''The Story of Oklahoma'', (1994) p. 366</ref> In 1920 the spectacular Osage County oil field was opened, followed in 1926 by the Greater Seminole Oil Field. When the [[Great Depression]] Oklahoma and [[Texas]] oil was flooding the market and prices fell to pennies a gallon. In 1931 Governor William H. Murray, acting with characteristic decisiveness, used the National Guard to shut down all of Oklahoma's oil wells in an effort to stabilize prices. National policy became using the [[Texas Railroad Commission]] to set allotments in Texas, which raised prices as well for Oklahoma crude.
    
===Depression===
 
===Depression===
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