Player FM 앱으로 오프라인으로 전환하세요!
Can Texas Escape Oil Dependance?
Manage episode 278094222 series 2780780
This is Texas, the second-largest state in the USA by landmass, population, and GDP.
But perhaps being runner up is not so bad in all of these categories. Texas has for many decades been a huge driving force of prosperity, not only for the people within the state but also for all of the USA.
The state provides over 40% of the oil production in the country which is, in turn, the largest oil-producing nation in the world.
To give you an idea of just how massive this operation is, Texas produces more oil than, brazil and china combined.
Now for regular channel viewers, you might be thinking that well that’s great and all however, oil wealth doesn’t always guarantee prosperity, but fortunately for Texas, it has diversified itself into a host of other industries some of which are very far removed from what you might picture taking place in the land of cowboy boots and Ford F350’s.
Texas today has the fastest growing population in all of the United States which is been driven by the state attracting a range of new businesses that will work with this young new professional demographic to continue to grow a strong economy.
Or at least that is the theory, the rumblings of the world in 2020 have not been easy on the Texan miracle, and for the first time in almost three decades, the state might be starting to show signs of troubled waters.
To see if this could be a hurdle the yeehaw state could not overcome we need to look at a few key areas.
- What have been the industries driving the growth of Texas?
- What is it about the state that makes it so attractive to these industries?
- And what could future growth look like after 2020?
Learn more about your ad choices. Visit megaphone.fm/adchoices
217 에피소드
Manage episode 278094222 series 2780780
This is Texas, the second-largest state in the USA by landmass, population, and GDP.
But perhaps being runner up is not so bad in all of these categories. Texas has for many decades been a huge driving force of prosperity, not only for the people within the state but also for all of the USA.
The state provides over 40% of the oil production in the country which is, in turn, the largest oil-producing nation in the world.
To give you an idea of just how massive this operation is, Texas produces more oil than, brazil and china combined.
Now for regular channel viewers, you might be thinking that well that’s great and all however, oil wealth doesn’t always guarantee prosperity, but fortunately for Texas, it has diversified itself into a host of other industries some of which are very far removed from what you might picture taking place in the land of cowboy boots and Ford F350’s.
Texas today has the fastest growing population in all of the United States which is been driven by the state attracting a range of new businesses that will work with this young new professional demographic to continue to grow a strong economy.
Or at least that is the theory, the rumblings of the world in 2020 have not been easy on the Texan miracle, and for the first time in almost three decades, the state might be starting to show signs of troubled waters.
To see if this could be a hurdle the yeehaw state could not overcome we need to look at a few key areas.
- What have been the industries driving the growth of Texas?
- What is it about the state that makes it so attractive to these industries?
- And what could future growth look like after 2020?
Learn more about your ad choices. Visit megaphone.fm/adchoices
217 에피소드
모든 에피소드
×플레이어 FM에 오신것을 환영합니다!
플레이어 FM은 웹에서 고품질 팟캐스트를 검색하여 지금 바로 즐길 수 있도록 합니다. 최고의 팟캐스트 앱이며 Android, iPhone 및 웹에서도 작동합니다. 장치 간 구독 동기화를 위해 가입하세요.