sargentodiaz
Member
- Location
- North Las Vegas, NV
[FONT=Times New Roman, serif]Not only that staggering number, t[/FONT]he Texas Alliance of Energy Producers estimated that roughly 238,0000 Texans were directly employed by the upstream oil and gas sector in 2018.
The University of Texas/Texas A&M Investment Management Company announced last month that the joint endowment it manages for two schools — University of Texas and Texas A&M University — surged to $30.9 billion, surpassing Yale’s $29.4 billion endowment during the 2018 fiscal year which ended on June 30. Texas’ high returns were largely buoyed by the mineral rights from land it controls in the Permian Basin — a stretch of land across western Texas that has recently become the world’s fastest growing oil-producing region due to advancements in hydraulic fracking. In the past 20 years, the state system’s endowment has edged out Yale’s twice — in 2002 and 2014.
I wonder how much of that is going to be used for border protection.