October 2014, Vol. 241, No. 10


Study Estimates Economic Benefits To State From Texas Oil And Gas Pipeline Industry

The economic benefits of the Texas oil and gas pipeline industry are resulting in substantial highly compensated employment, investment and economic growth for the state of Texas, according to a joint development study conducted by Texas Tech University and commissioned by the Texas Pipeline Association (TPA). The focus of the 140-page Current and Future Economic Impacts of the Texas Oil and Gas Pipeline Industry study is on the value creation and the economic sustainability that lies in the economic contribution of Texas pipelines. The study specifically estimates economic impact for the year ending 2013 and provides projections for the year 2024. The study found that through o

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