Verify: Texas oil is the new gold rush
Men work 100 hours a week. Roads are a mess. Electricity can be in short supply. But “anyone with a pulse” can make $100,000. You won’t believe what’s happening in the Permian Basin.
PECOS, Texas — Welcome to the Permian Basin, six hours west of Dallas.
Compared to the last West Texas oil boom in 2014, there’s almost four times more oil flowing in the Permian Basin.
Oil and gas companies have turned this dusty, desert landscape into a heavy industrial zone. Small towns, once sleepy, are now exploding. The pace is so frantic, I want to know if Texas has the infrastructure and resources to keep this up?
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