December 1, 2017
The Lone Star state has benefitted tremendously from the exploration, production, and transportation of oil and gas. Recently, Texas Tech University conducted a report looking at the current and future impacts of the oil and gas pipeline industry on Texas' bottom line. The report found that between 2014 and 2024, the pipeline industry's economic impact will generate around $374 billion in economic output, $212 billion in additional gross state product, and contribute $19.5 billion in state and local government revenues, as well as sustain an average of 171,000 jobs. Who wouldn't be eager to talk about these numbers?
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