1. By the early 1920s, Oklahoma had become the leading oil producer in the nation.
The discovery of the Greater Seminole Field in the 1920s further expanded the
boom creating a glut in the oil market. In an effort to address the overproduction
of oil producers did which of the following? (Standard 5.4)
a. They slowed the amount of production
b. They reduced their prices.
c. They raised their prices.
d. They increased the amount of production.
