{{titleBar.title}}

{{titleBar.tagline}}

 

 

Eagle Ford boom taxing roads, business servicesEagle Ford boom taxing roads, business serviceshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=79132013-03-20T08:07:00Z2013-03-20T00:00:00Z

SAN ANTONIO - The Eagle Ford Shale is attracting a cadre of oil-and-gas firms, oil-field workers, commercial real estate developers/investors and commercial real estate brokers to South Texas towns.

One major downside of this traffic is the toll it is taking on South Texas roadways.

Hundreds of heavy oil- and gravel-hauling trucks, equipment trucks and service vehicles are traveling South Texas roads every day. The Texas Department of Transportation estimates that road damage from the drilling industry has already cost South Texas counties $2 billion.

The Eagle Ford Shale also is having an impact on the human infrastructure of these towns. For restaurants, hotels and construction sites, finding employees is a challenge. The owners cannot compete with the higher wages available out in the oil fields.

The personnel shortage is also taking a toll on commercial real estate brokers, investors and developers in other ways. New construction projects bring with them requests for development and construction permits, for example, says Amanda Concha, founder of Core Commercial.

Read more at the San Antonio Business Journal.

San Antonio Business Journal
San Antonio-New Braunfels
Infrastructure & Transportation
http://www.bizjournals.com/sanantonio/print-edition/2013/03/15/south-texas-eagle-ford-boom-taxing.htmlRead more at {Source}

 Search NewsTalk Texas