Tag Archives: Economy

Victor Valdez, the Singing Man of Boquillas, Dies

An iconic figure of the West Texas borderlands has died. Victor Valdez of Boquillas, Mexico was beloved by many for his singing that often welcomed visitors to his small town on the Rio Grande. He was a lifelong resident of … Continue reading

Posted in KRTS News | Tagged , , , , , , , , , , | Leave a comment

Texas Town’s Fortunes Rise And Fall With Pump Jacks And Oil Prices

The middle class has shrunk faster in Midland, Texas, than nearly anywhere else in the U.S. Overall, more people are getting rich than falling behind. But extreme booms and busts make life precarious.

Posted in KRTS News | Tagged , , , , , , , , | Leave a comment

Judge Throws Out Landowner’s Lawsuit Against Pipeline Company

A federal judge has shot down a Presidio County landowner’s lawsuit against the Trans-Pecos Pipeline. For more than a year now, some landowners and residents in the Big Bend region have been speaking out against Dallas-based Energy Transfer’s natural gas … Continue reading

Posted in KRTS News | Tagged , , , , , , , , , , , , | Leave a comment

Panama Canal Expansion: Challenge And Opportunity For Southwest Economy

PANAMA CITY, Panama — The Panama Canal is a force in worldwide commerce. It leverages its location at the intersection of two oceans and two continents and is responsible for a total of 15 percent of Panama’s GDP. Its number one customer is the … Continue reading

Posted in KRTS News | Tagged , , , , , , , , , | Leave a comment

Texas To Mexico Pipeline: Unfinished Business In The Big Bend

MARFA, Texas —Six landowners in west Texas have won a series of awards totaling in the millions of dollars against a company building a controversial natural gas pipeline. A seventh case went against a landowner. The landowners are part of a group … Continue reading

Posted in KRTS News | Tagged , , , , , , , , , , , , , , | Leave a comment

Factory Workers In Juárez Unionize For Higher Pay, Better Working Conditions

JUAREZ — As labor unrest continues to ripple across this Mexican border city, a group of workers has managed to start the city’s only independently organized factory union. Close to 200 workers are now members of a new union approved … Continue reading

Posted in KRTS News | Tagged , , , , , , , , | Leave a comment

As Opposition Broadens Its Approach, Pipeline Shipments Arrive in Big Bend Region

For more than a year now, there’s been a lot of talk about the Trans-Pecos Pipeline in the Big Bend area. We’ve heard from those who are strongly opposed to it and from those who say it would be a good … Continue reading

Posted in KRTS News | Tagged , , , , , , , | Leave a comment

Oil Prices Drop After U.S. Lifts Sanctions Against Iran

The prospect of Iranian oil adding to the global flood of crude pushed prices further down on Monday, with Brent crude, the international benchmark for crude oil, touching its lowest level since 2003 – below $28 dollars per barrel. International … Continue reading

Posted in KRTS News | Tagged , , , , , , , , | Leave a comment

Drillers Find Ways To Reach Billions Of Barrels Of Oil Trapped In Old Wells

Seems like only yesterday that in places like West Texas, oil drillers were spending money like there was no tomorrow. “One billion dollars a month is being spent drilling wells out here,” said Ben Shepperd, president of the Permian Basin … Continue reading

Posted in KRTS News | Tagged , , , , , , , , , | Leave a comment

Around The Bend Of The Rio Grande, A Proposed Pipeline Stirs Turmoil

This story originally appeared on NPR’s All Things Considered on August 6, 2015. You can find more of our local coverage of this story here. Oil and gas are part of the Texas DNA. But a proposal to build a … Continue reading

Posted in KRTS News | Tagged , , , , , , , , | 1 Comment