Thursday, April 11, 2013

Eagle Ford Shale provided $61B economic boost to South Texas

AUSTIN — Last year, the Eagle Ford Shale had a $61 billion impact and supported 116,000 jobs across a 20-county swath of South Texas – a once sleepy region increasingly defined by an oil and gas boom.

The latest numbers from an ongoing University of Texas at San Antonio study continue to show a ballooning financial effect as the industry races to drill oil wells in the region.

The results of the study were released Tuesday at a meeting of the Eagle Ford Shale Caucus at the Texas Legislature, a group of South Texas lawmakers hoping to bring attention to the road, water, health and other infrastructure needs brought on by the influx of workers and truck traffic into the region.

READ MORE:  http://fuelfix.com/blog/2013/03/26/eagle-ford-shale-provided-61-billion-economic-boost-to-south-texas/

No comments:

Post a Comment