Home / Tag Archives: Texas (page 30)

Tag Archives: Texas

Midland ranked 12th fastest growing city in US

Midland skyline

Rye Druzin | Midland Reporter-Telegram (Midland, Texas) A new report from NerdWallet.com has ranked Midland as the 12th fastest-growing city in the country. The NerdWallet study of the 506 biggest cities in the country showed that between 2009 and 2013 Midland’s working-age population grew by 10.4 percent while average earnings increased by more than 22 percent. The Tall City outperformed statewide ...

Read More »

Midland labor force falls below 100,000

Mella McEwen | Midland Reporter-Telegram (Midland, Texas) A month after Midland’s labor force climbed past the 100,000 mark, Texas Workforce Commission figures show it has fallen back, dropping to 98,842 in August. The number of employed Midlanders also fell in August, the commission said Friday, but so did the number of unemployed Midlanders. That sent Midland’s unemployment rate dipping to 2.8 ...

Read More »

Anticipation is building for Eagle Ford economic report

pumpjack

Zachary Toliver | Shale Plays Media Next Tuesday, the University of Texas at San Antonio (UTSA) will release its latest Eagle Ford Shale economic report. Jennifer Hiller of the San Antonio Express-news reports that the U.S. Energy Information Administration expects the Eagle Ford formation to reach 1.5 million barrel of light crude and condensate per day this month.  In addition, ...

Read More »

Texas Tech researchers foresee boom for ‘years to come’

jack

Corey Paul | Odessa American  The two main authors of a recent Texas Tech study about the economic impacts of the local oil and gas industry told the Permian Basin Petroleum Association their findings suggest a sustained boom. “The boom and bust is getting smaller,” said Brad Ewing, professor of energy economics in the Rawls College of Business, a co-author ...

Read More »

Report: Technology beings stability to Midland economy

pumpjacked

Mella McEwen | Midland Reporter-Telegram Technology has radically transformed the Permian Basin oil industry, and that transformation has found its way into the economics of both the industry and the region. Earlier this month, Texas Tech University released its study “Economic Impact of the Permian Basin’s Oil and Gas Industry” that revealed some eye-popping numbers. The industry is responsible for creating ...

Read More »

EDITORIAL: Prop. 1 important for Texas highways

San Antonio Express-News SAN ANTONIO — Supporters of Proposition 1 are quick to acknowledge it does not fully address Texas’ transportation needs. But it is a critical step in the right direction, and voters should approve it. Proposition 1 would take half the state’s oil and gas production tax revenue that is directed to the state’s rainy day fund and ...

Read More »

Oil firms lectured on caring for Eagle Ford

Jennifer Hiller | San Antonio Express-News SAN ANTONIO — The Eagle Ford Shale zoomed from basically nothing — a rock that companies drilled through on the way somewhere else — in 2008 to around 1.5 million barrels of liquid production per day now. But Marathon Oil Corp. President and CEO Lee Tillman said Tuesday that the industry now needs to address ...

Read More »

Books look at pros, cons of fracking

Cathy Dyson | The Free Lance-Star (Fredericksburg, Va.) “Fracking” has become such a part of the nation’s vocabulary that authors are writing books about it. In that regard, Larry “Bud” Meyer of Rappahannock County isn’t the first to base a plot on potential threats associated with hydraulic fracturing, or fracking. The process injects water and chemicals deep into the ground to ...

Read More »