Energy companies donate funds for charter school in Permian Basin

Reuters:
Twenty top U.S. energy companies agreed to contribute $16.5 million to open new schools in West Texas, where an influx of oil and gas workers have strained schools, roads and other civic services.

This is the first initiative by the Permian Strategic Partnership, a consortium of shale producers which has pledged to raise $100 million to address civic strains, a spokesman for the group said. The companies all operate in the Permian Basin, the top U.S. shale field.

Another $22 million will be donated by local foundations and philanthropists. The funds are earmarked to bring IDEA Public Schools, a national tuition-free charter school, to the region, the group said.
...
This is another example of how the shale boom is benefiting West Texas.  Contrast that with the alternative energy business which sucks money out of the government in order to build their inefficient projects.

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