This Texas basin was once dismissed as a ‘graveyard’. Now its oil economy supports 853,924 jobs and generates billions in economic activity across the US
- A century ago, the Permian Basin was hardly the place anyone would have picked as an engine of the American economy.
- Early observers were so unimpressed by parts of the landscape that the region was dismissed as a “graveyard” according to WorldOil.
- Today, the same stretch of West Texas and southeastern New Mexico sits at the centre of one of the country’s most important energy-producing regions.
Unverified
- A century ago, the Permian Basin was hardly the place anyone would have picked as an engine of the American economy.
- Early observers were so unimpressed by parts of the landscape that the region was dismissed as a “graveyard” according to WorldOil.
- Today, the same stretch of West Texas and southeastern New Mexico sits at the centre of one of the country’s most important energy-producing regions.
Sources: Times of India