Oil industry causes spike in Madison County economyOil industry causes spike in Madison County economyhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=93872012-10-08T06:55:00Z2012-10-08T00:00:00Z

MADISON COUNTY - The oil industry has caused a spike in the Madison County economy. Madison County is near College Station-Bryan.

In 2012, $260 million worth of new value has been added by the oil industry, or a 200 percent increase from last year. That equates to approximately 20 to 26 new wells with an average value about $10 million per well.

Madisonville motels have felt the impact of the oil boom as accommodations have been filling up with oilfield workers.

Read more at KBTX.

College Station-Bryan
http://www.kbtx.com/news/local/headlines/oil-industry-causes-spike-in-madison-county-economy-172564471.htmlRead more at {Source}

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