Booms and Busts Have Defined Midland’s History, but Is It Time to Stop Using Those Terms?

News
Written By Mitch Borden
Concho Resources is currently building a new office building and parking garage in downtown Midland. Just blocks away from buildings that have sat empty for over three decades because of the ’86 bust. Mitch Borden / Marfa Public Radio

Concho Resources is currently building a new office building and parking garage in downtown Midland. Just blocks away from buildings that have sat empty for over three decades because of the ’86 bust.

Mitch Borden / Marfa Public Radio

The Permian Basin has never been busier. More oil is being pumped than ever before, thanks to hydraulic fracking. And energy companies are making plans to stick around long-term. By most accounts, the region is booming. But, some analysts and community leaders believe the oil industry is entering into a more stable phase where the days of crazy booms and terrible busts may be a thing of the past.

Read more and listen to the story on Marfa Public Radio’s website >>

Mitch Borden

Mitch Borden is Marfa Public Radio's Permian Basin Reporter. 

https://twitter.com/BordenMitch
Previous

“Carbon Neutral Oil” Is Promising, But Far From Guaranteed
Next

On His 100th Birthday, George Mitchell Would Have Been Astounded by What His Fracking Technology has Wrought