What makes Texas so appealing?

[pj3000]

Originally Posted by Trae

Well that's the same for Houston. One thing people often forget about during the recent oil bust was that, while west Houston/white-collar energy industry hit a slump, the blue-collar/East side of the Houston metro boomed during this time. The petrochemical refineries and the Port of Houston greatly expanded during those years with billion dollar investments from various companies. This resulted in new homes, retail, etc., for a side of town that didn't feel the growth as much during the boom between 2010-2014. Outside of the energy industry consolidating offices in Houston during the bust years, the growth of the East side is what helped the Houston jobs numbers (which have shown some healthy growth over the past year actually).

Right, I kinda referred to that in another post:

Originally Posted by pj3000

But on the downstream side, like petrochem manufacture, ag products, refined fuels, construction, logistics, etc, there is an inverse relationship (even Houston experiences this). This is one of the reasons why Texas is a very economically successful state with booming cities... they can play both sides of the O&G price card very well.