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The oil and gas rush from Texas' Eagle Ford shale now generates ~$61B in economic impact and...

The oil and gas rush from Texas' Eagle Ford shale now generates ~$61B in economic impact and supports 116K jobs, far more than year-ago projections, according to a new report by the Univ. of Texas Institute for Economic Development. Eagle Ford oil output rose more than 50% Y/Y in January to ~373K bbl/day; 258 rigs are drilling there, according to Baker Hughes' latest weekly count.
Comments (3)
  • dacama1
    , contributor
    Comments (210) | Send Message
     
    Thank you Texas.
    27 Mar 2013, 11:35 AM Reply Like
  • Mike Maher
    , contributor
    Comments (2481) | Send Message
     
    A rush of drilling in Texas supports 116k jobs, and NY State bans fracking. Aren't politicians great?
    27 Mar 2013, 01:27 PM Reply Like
  • Hendershott
    , contributor
    Comments (1498) | Send Message
     
    $61B had better be more than 116k jobs.
    28 Mar 2013, 12:57 AM Reply Like
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