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Saudi Texas is a bunch of hype, but none-the-less, we are making good progress.

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Texas Field Production of Crude Oil
http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCRFPTX2&f=M

1 posted on 02/18/2013 5:29:36 AM PST by thackney
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To: thackney

If there is so much oil and gas around, why does it cost $3.61/gallon of gasoline?????


2 posted on 02/18/2013 5:41:08 AM PST by Ken522
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To: thackney

I get a 404 on the link but the story sounds about right, we’re booming.


4 posted on 02/18/2013 6:02:35 AM PST by Dusty Road
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To: thackney

The Eagle Ford is definitely an economic boom to the area and the state in general. We’re starting to see a lot of drilling rigs moving to the west Texas Permian basin which some analysts say has the potential to be at least 10 times larger than the Eagle Ford. I hope so but not crazy about moving to west Texas...LOL. Another couple of years of this and I’m retiring if the obamanation at bay.


6 posted on 02/18/2013 6:06:47 AM PST by lgjhn23 (It's easy to be liberal when you're dumber than a box of rocks.)
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To: thackney
This Texan is very thankful for oil production in Texas. (Jobs, jobs, jobs!) Praying the southeastern New Mexico rigs do well, too. Any word out that direction?

May God continue to richly bless Texas!

9 posted on 02/18/2013 6:40:53 AM PST by Jane Long
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To: thackney

This is the money statement of the article:

“Also, oil field jobs have a relatively high multiplier effect, creating four other jobs for every one directly related to petroleum. That doesn’t even count service jobs, such as restaurant employment added to serve oil field workers, he said.”

You would think the federal govt. would want to encourage something that has such a huge impact on the economy and employment rate.


11 posted on 02/18/2013 6:58:25 AM PST by woodbutcher1963
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To: thackney

Where are the guys who were pimping ‘peak oil’ on FR a few years ago?


14 posted on 02/21/2013 6:13:59 PM PST by PAR35
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