It doesn’t take much to see the Permian Basin’s economy is doing pretty well right now. Just look at Midland and Odessa, the two cities’ unemployment rate is around two percent, wages are high and property values are rising.
It won’t be a surprise to anyone the reason for this is oil, and if you’re working in the industry you may be doing pretty well. But all of this led one listener to submit this question to our West Texas Wonders series:
“If you don’t work in the oil field in Odessa, how screwed are you?”
Before launching into this question, Marfa Public Radio asked around to see whether people agreed and the short answer: it depends.
Read the story at: http://marfapublicradio.org/blog/west-texas-wonders/how-screwed-are-you-if-you-dont-work-in-oil-in-the-permian-basin-it-depends/
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