Eagle Ford “Game Changer”

Texas’ Eagle Ford oil field on the southern prairie is boosting energy-

tax revenue in the biggest oil-producing state, generating $40 million for the state budget last year.

“This is a great addition to the state’s reserves,” said Dominique Halaby, who directs the University of Texas at San Antonio’s Community and Business Research Center. Halaby, who has studied the field’s economic effects, said it might yield another $800 million in state receipts. “It’s a game-changer.”

http://www.dispatchpolitics.com/live/content/local_news/stories/2011/03/13/copy/oil-states-tax-revenue-swells-from-100-a-barrel-prices.html?adsec=politics&sid=101

 

 

 

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