Energy comes to small town America
Wall Street Journal:
Small Towns Are Booming, Thanks to Rising Oil PricesJobs and wages are on the increase across the Permian Basin of West Texas and into New Mexico. Motels are full and restaurants are busy and looking for help in feeding the oil workers. One of Obama's biggest mistakes was his attempt to downgrade fossil fuels. He tried to kill jobs and switch people to less efficient alternative energy projects like wind or solar. He claimed that the US could not drill its way to cheaper gas. He was totally wrong.
Record crude output fuels an upturn in production centers like Hobbs, N.M., and the U.S. economy as a whole