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What We Can Learn from Texas' Barnett Shale

By On June 13, 2011 9:00 am

“One recent study prepared for the Fort Worth Chamber of Commerce found that drilling and production activity in the Barnett was supporting, directly and indirectly, more than 110,000 jobs across the region.And a study by this author a few years ago calculated that Barnett wells and related equipment had added $6 billion to the local property tax base. In south Texas, where new oil wells are being drilled in the Eagle Ford shale, the unemployment rate has fallen to half the state average while sales tax receipts have jumped 70 percent.”
Read the entire Op-Ed article, “What we can learn from Texas’ Barnett Shale” by Bernard L. Weinstein, Patriot-News.