The Future is Texas
“The future is Texas. If you want to see where America is heading, start by studying Texas. “ --The Economist In 1901, mining engineer Captain A. F. Lucas drilled an oil gusher at Spindletop, catapulting Texas into the petroleum age and making it the leading oil producing and refining state in the Union. Driving across Texas’ vast countryside in the early 1900s, there was cattle, cotton and oil as far as the eye could see. In 1932, Elmer Doolin of San Antonio borrowed $100 to start an entirely new industry—manufacturing corn chips. The company later became known as Frito-Lay, the country’s leading snack food company, today worth over $29 billion. Along with the farmers, ranchers and oil men, those with dreams of new products and technologies found that Texas is ready and willing to participate in the global marketplace. more....