Quote:
Originally Posted by TexasPlaya
I agree. However, SA and DFW are geographically located near to major onshore oil and gas plays that haven’t had the fate as offshore. I don’t want to get into an argument about how significant or reliant they are, but it’s certainly not insignificant.
The “oil bust” is complicated. Over $100 billion in refining upgrades occurred along the Gulf Coast during the bust.
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I agree, in general the whole state would be affected by a major oil bust, Houston a little more so.