Respuesta :
Because oil was more abundant and it was cheaper. or it was because of the great depression and the companies need money to stay afloat
♡ The Question ♡
-Why did oil prices drop significantly during the 1930s?
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♡ The Answer ♡
-Large new sources of oil were found in Texas.
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♡ The Explanation/Step-By-Step ♡
-The discovery of new oil fields in Texas dramatically increased supply, which in turn lowered prices by the 1930s.
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♡ Tips ♡
-No tips provided!