Shale Oil Fattens Wallets In Texas, North Dakota

摘要

Operators have turned to shales because that’s where the oil is. So it’s not surprising to find that shale towns are also where the money is, according to personal income data from the U.S. Bureau of Economic Analysis (BEA). Personal income growth slowed last year in 311 of the country’s 381 metropolitan statistical areas (MSA). But wallets fattened faster in 65 MSAs, led by Midland, TX, which was the fastest growing MSA in terms of personal income (12.1%) for the third year running. Odessa, TX, at 11.5%, was the second-fastest growing, repeating its position from 2011.