Texas economy hums along

Oil rigs pumping in the sunset.

It’s no surprise that the Texas economy is doing so well these days. Noted economist Doctor Ray Perryman says the tech and oil & gas sectors continue to lead the way but he notes one intriguing factor. That the price of drilling an oil well has bottomed out.

Perryman believes that will have a profound long-term effect on the economy of the state.

 

(photo: Shutterstock by Thaiview)
 

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