Crude talks Eagle Ford Shale in Corpus
CORPUS CHRISTI 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. The graph below shows all 21 counties with at least $1 billion in economic impart in 2013.
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 Corpus Christi Area.
Counties counted in the Corpus Christi Area that fall below $1 billion in the full report include
Bee County: 2013 – $382 million
San Patricio: 2013 – $282 million
Jim Wells: 2013 – $105 million
See the full report here.
See Market Overview under Corpus Christi Market Data Sources.
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