Far-Reaching Economic Impact in Permian's Resurgence

Natural Gas Intelligence - Those are some of the findings of a new economic study by a Texas Tech University energy economics team about the far-reaching impact that the resurgence the Permian Basin's oil and gas industry has had on the region. Tech energy economics professor Bradley Ewing co-authored 'Economic Impact of the Permian Basin's Oil and Gas Industry,' which was sponsored by the Permian Basin Petroleum Association (PBPA).

Exploration and production companies, as well as oilfield service operators, are paying education, housing and transportation costs to lure experienced and novice workers to the swollen oil and natural gas fields of the Permian Basin.

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Those are some of the findings of a new economic study by a Texas Tech University energy economics team about the far-reaching impact that the resurgence the Permian Basin's oil and gas industry has had on the region. Tech energy economics professor Bradley Ewing co-authored "Economic Impact of the Permian Basin's Oil and Gas Industry," which was sponsored by the Permian Basin Petroleum Association (PBPA).

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