Tag Archives: Oil Boom

Despite A ‘Downturn,’ West Texas Oil Production Expected To Hit A Record High

Cost-cutting and advances in drilling technology are helping companies withstand persistently low oil prices.

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Texas Town’s Fortunes Rise And Fall With Pump Jacks And Oil Prices

The middle class has shrunk faster in Midland, Texas, than nearly anywhere else in the U.S. Overall, more people are getting rich than falling behind. But extreme booms and busts make life precarious.

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A contract crew drills an oil well for Elevation Resources in Andrews County, north of Odessa. (Travis Bubenik / KXWT)

Midland-Odessa Stays Positive, but Oil Price Drop Won’t Be Easy

The falling price of oil is great news for consumers who are saving at the gas pumps, but in the center of the nation’s highest-producing oil field, cheaper gas means the economy’s hurting. Drilling is already slowing down, and people … Continue reading

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Is the Oil Boom Helping Prices at the Pump?

Texas is getting more oil out of the ground than is has since the great boom of the 1970s. The oil fields of North Dakota are, for the first time ever, producing over one million barrels a day. Across the country, … Continue reading

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