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A Summary Of Ira Yates's Life During The Great Depression

293 Words2 Pages

During the Great Depression, poverty swept across America like a storm destroying everything in its path. One such storm hit a small part of Texas where a man named Ira Yates ran a sheep ranch. Struggling to keep food on the table and pay his mortgage, Yates did all he could to make it. One day, a geologic crew from a large oil company visited. With Yates ' permission, they wanted to drill a well on his property, promising to share the profits if they found oil. The crew set up the equipment and began. Five hundred feet down, they came up dry. Seven hundred feet, nothing. One thousand feet and still no oil. Finally, at a little over eleven hundred feet, they discovered one of the richest oil reserves in Texas. The well sprayed oil high into

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