Oil boom produces 4,000 San Antonio jobsOil boom produces 4,000 San Antonio jobshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=87582012-12-13T07:24:00Z2012-12-13T00:00:00Z

SAN ANTONIO - The San Antonio Economic Development Foundation reports the San Antonio area has already scooped up more than 4,000 jobs coming from the Eagle Ford Shale oil and gas field.

Currently, the Bexar County payroll from the shale play is estimated at more than $186 million annually. By 2021, the study expects Bexar County will have 11,627 shale-related jobs with a payroll of more than $507 million.

The report also said the city is well positioned for regional headquarters and supplying everything from workers, construction and goods to community college training for workers.

Former Mayor Henry Cisneros noted that the jobs created just in Bexar County are the equivalent of four Toyota plants.

The downside to the boom: transportation. Bexar County will ask the Legislature to approve a $10 vehicle registration fee. If approved, the $12 million a year generated could help address roadways.

Read more at the San Antonio Express-News.

San Antonio Express-News
San Antonio-New Braunfels
http://www.mysanantonio.com/news/energy/article/oil-boom-produces-4-000-new-jobs-in-s-a-4109670.phpRead more at {Source}

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