The Houston Chronicle is reporting on Texas Petro Index report showing drops in employment, drilling rig counts, and oil and natural gas production in Texas in 2009. "The index, though regionally focused, has bigger implications for the U.S. oil and gas industry, since roughly half of the nation's drilling rigs are working in Texas at any given time, [said the economist who prepared the report]."
For a copy of the report, see here.
Tags: Energy
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