The first season of Dynasty aired from Jan 12 - Apr 20, 1981. Episode 1, Oil, introduces the main characters while setting the narrative theme related to the mega-rich oil barons. In a sense this replicated the theme of Dallas that was by this time a runaway success and in it's fourth season.
Throughout season 1, Dynasty attempts to reach it's stride but doesn't quite make it. Episodes are slow moving with lengthy scenes and while there are some interesting storylines and character development the series is slow and plodding. Fortunately producer Aaron Spelling realised something was missing and the season paves the way for the introduction of one of the 1980's most iconic characters. Season 2 begins with a bang - enter Joan Collins as Blake's ex-wife, Alexis Carrington.