Tag Archives: America’s hottest oil field

America’s hottest oil field

It’s, ta-da, Midland-Odessa in the Permian Basin of West Texas. Thanks to Trump. No Dim would have done it.

“Fortunes are being made in this fracking-related gold rush, and money and workers are flooding in. But many necessities in the area now cost a small fortune, creating opportunities for businesses selling everything from dipping tobacco to sand for fracking. It can be hard to get a haircut, grab a plate of good Texas barbecue, or find a table at a popular bar, because demand outstrips supply. Housing is scarce and hotel room prices sometimes rival those of New York City at more than $500 a night.”

Via WSJ