NEWS & INFORMATION
Opportunity in Adversity: A New Approach to Energy in Texas
Optimism in West Texas is in short supply these days. But a look back at our recent history of energy booms and busts reveals a lesson in finding opportunity through adversity – and a possible path forward through difficult times.
Why a Drop in Oil Patch Jobs is Good, and Bad, for the Permian Basin
An end to a hiring spree could mean less strain on infrastructure and lower home prices, but also less money coming into the region.
Kermit's Fortune is Made of Sand
Once a playground for the area's residents, the town's sand dunes are in demand by oil companies that use the sand for hydrolic fracturing.
Booms and Busts Have Defined Midland’s History, but Is It Time to Stop Using Those Terms?
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.
As Oil Field Workers Flood Balmorhea with RVs, the Small Community’s Economy is Revitalized
Fears that closure of the famous Balmorhea State Park pool would hurt the local economy have been calmed by the influx of new oil workers.
Oil Companies Inject $100 Million to Bolster Crumbling Permian Basin Infrastructure
An influx of people as a result of the booming energy industry in the area has strained roads, and services like health care and education.
The Eyes of Texas Are on Falling Oil Prices, and Struggling Energy Sector Stocks
The continuing downward trend may affect local economies from Houston to the West Texas oil fields.