Barnett Shale Has Created 100,00 Jobs, $65 Billion In Economic Activity
Wednesday, 28 September 2011 11:17 Matt Joyce, Dallas Business Journal
The Barnett Shale natural gas field has generated $65.4 billion in economic activity and created more than 100,200 jobs over the 24-county area since 2001, according to a new study commissioned by the Fort Worth Chamber of Commerce.
Ray Perryman, founder and president of Waco-based The Perryman Group, presented his findings Tuesday to the Fort Worth City Council. The study examined the impact of Barnett Shale activity on local, regional and state businesses from 2001 to 2011.
“We commissioned the study to see how or if the economic downturn had impacted past projections about the industry,” said Bill Thornton, chamber president and CEO. “What we found was that it’s a bulwark of our economy.” (GWPF)