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Benefits of the Eagle Ford Shale Project: Per Capita has increased

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Benefits of the Eagle Ford Shale Project: Per Capita has increased

 

Staff

-Eagle Pass

 

According to Ronnie Rivera of the Middle Rio Grande Development Council, the region in which the Eagle Ford Shale is operating has seen an increase in per capita.

Maverick County in particular has shown an increase in the annual income per person.

In the Eagle Ford Shale Project alone a total of 5,300 permits have been granted which has been an incredible economic factor to our region.

Dimmit County has shown the most increase with 36% from 2008 as the average per capita income was $25,205 and has gone up significantly to $34,379.

other counties which have shown similar increases are: McMullen, LaSalle, Zavala and Live Oak.

Many are working for the petroleum companies according to Rivera.

The present per capita income in Maverick County is $22,188 up from $19,038 in 2008.

Per capita income has increased 1.3% across the state while in Maverick County it has increased 13%.

This boom has translated into significant economic development which is projected for the next 20 years or more.

Last modified on Monday, 25 February 2013 21:32

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