Why was spindletop significant to Texas history?

Spindletop was a major oil discovery in 1901 near Beaumont, Texas. It was the first major oil discovery in the United States and marked the beginning of the modern petroleum industry. The discovery of oil at Spindletop was a major event in Texas history, as it led to the development of the oil industry in the state and the growth of the Texas economy. It also helped to make Texas an important player in the global oil industry.