Our Blog

Energy Drives Population Boom | Russell T. Rudy Energy LLC

“Rigzone” reports that America’s energy boom is fueling population growth in oil and gas producing areas.  According to 2013 census data, 6 of the 10 fastest growing metropolitan areas and 8 of the 10 fastest growing counties are in energy producing states.

Neighboring cities Midland and Odessa, Texas are the second and third fastest growing metro areas in the nation, surpassed only by The Villages retirement community in Sumter County, Florida.  However this growth has necessitated additional investment in infrastructure and housing in Midland-Odessa.

According to the Census Bureau, energy production is one of the fastest growing industries in the U.S.  Driven by new technologies such as hydraulic fracturing and horizontal drilling the energy boom has attracted many Americans to the oil and gas producing states in search of work.

Houston is the nation’s fastest growing city in terms of new residents with a population increase of 138,000 people between 2012 and 2013.  During the same period, Harris County, within which Houston is located, led the nation with almost 83,000 new residents.

To read the article in its entirety, please go to http://www.rigzone.com/news/article.asp?hpf=1&a_id=132284&utm .