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Eagle Ford pumps close to 90 billion into ecomony
Dallas Business Journal ^ | 9.24.14 | James Aldridge

Posted on 09/25/2014 7:00:27 AM PDT by q_an_a

Oil and natural gas production in Eagle Ford Shale generated an estimated $87 billion in total economic output for Texas and supported nearly 155,000 full-time jobs in 2013.

That’s according to a new study released Tuesday by the University of Texas at San Antonio Institute for Economic Development. The shale region, which encompasses a 21-county, and generated more than $4.4 billion in tax revenue to local and state governments in 2013.

Based on these updated figures, UTSA projects that the shale region will support more than 196,000 jobs and generate $137 billion in total economic output for Texas by 2013.

(Excerpt) Read more at bizjournals.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: eagleford; economy; energy; gas; naturalgas; ngl; oil; texas
In DFW the Barnett Shale adds 11.5 billion each year and about 50,000 permanent jobs. This is equal to 10% of any stimulus that was passed and did a heck of a lot more good.
1 posted on 09/25/2014 7:00:27 AM PDT by q_an_a
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To: q_an_a

Full Study Report:

economic impact Eagle Ford Shale
http://iedtexas.org/images/documents/2014_EFS_Release_Oct.pdf
sept.
2014


2 posted on 09/25/2014 7:02:40 AM PDT by thackney (life is fragile, handle with prayer.)
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To: thackney

I thought this would only support 155 jobs. Isn’t that what Obama’s economic advisors predicted?


3 posted on 09/25/2014 7:06:17 AM PDT by EQAndyBuzz (Manchuria Called. They want their Candidate Back!)
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To: thackney

good add - it is important for a wide range of folks... where oil is under attack to have some jobs and money data - WTG Thackney


4 posted on 09/25/2014 7:09:34 AM PDT by q_an_a (the more laws the less justice)
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To: q_an_a
 Oil and natural gas production in Eagle Ford Shale generated an estimated $87 billion in total economic output for Texas and supported nearly 155,000 full-time jobs in 2013.

I bet with a little digging around and maybe 10 minutes on Google, I could find a link or two that supports THIS statement...

OBAMA'S GREEN ENERGY SCAMS AND BOONDOGGLES generated an estimated $87 billion in total economic LOSSES for THE UNITED STATES and COST nearly 155,000 full-time jobs in 2013.

5 posted on 09/25/2014 7:10:36 AM PDT by Responsibility2nd (NO LIBS. This Means Liberals and (L)libertarians! Same Thing. NO LIBS!!)
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To: Responsibility2nd

Thanks...that’s a keeper.....to be sent to all liberals


6 posted on 09/25/2014 7:48:03 AM PDT by spokeshave (He has erected a multitude of New Offices, and sent hither swarms of Officers to harass our people,)
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To: Responsibility2nd

no doubt. too bad the media needs guys like you to find them - you go to it and change the world...I like it


7 posted on 09/25/2014 8:30:47 AM PDT by q_an_a (the more laws the less justice)
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To: q_an_a

I don’t think Barnett Shale or Eagle Ford Shale can keep up with the federal government spending.


8 posted on 09/25/2014 9:23:06 AM PDT by tillacum
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To: q_an_a

Fracking ready real jobs


9 posted on 09/26/2014 11:43:35 AM PDT by American Constitutionalist
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