Crude talks Eagle Ford Shale in Laredo area
LAREDO AREA – The Center for Community and Business Research at the University of Texas at San Antonio’s Institute for Economic Development has released its 2014 economic impact report of the Eagle Ford Shale.
Overall, the 21-county area studied in the report is expected to increase regional economic output by 61 percent by 2023.
| County | 2013* | 2023* |
| Nueces | $11,830,469,550 | $24,313,461,300 |
| Karnes | $10,964,709,282 | $16,752,660,184 |
| La Salle | $9,001,341,991 | $13,574,778,927 |
| Dimmit | $8,552,982,031 | $12,341,837,612 |
| McMullen | $8,276,163,149 | $12,518,235,902 |
| Gonzales | $7,463,132,427 | $11,369,005,382 |
| Live Oak | $6,954,129,494 | $8,646,546,519 |
| Webb | $5,008,394,112 | $7,051,104,091 |
| DeWitt | $4,947,708,860 | $7,288,946,345 |
| Atascosa | $3,309,321,673 | $5,888,831,097 |
| Bexar | $3,238,996,650 | $4,400,871,930 |
| Lavaca | $1,607,274,019 | $2,661,190,775 |
| Wilson | $1,444,745,649 | $2,109,895,697 |
| Total 21-county area** | $85,362,339,892 | $135,024,683,617 |
*Includes direct, indirect, and induced impacts.
**The summation of the individual counties impacts is smaller than when the impacts are taken for the group as a whole.
Bolded counties are in the Laredo Area.
Frio County’s impact in 2013 was $685 million.
See the full report here. See section 7.5.11 for Webb County.
See Market Overview under Laredo Market Data Sources.
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