Boom goes Bust

“We’ve done a lot of work looking at tax revenues versus the costs to the community,” he said. “And the real issue is: How does a community cope with what happens after the boom goes bust? You want the drilling for the tax revenue and royalties and jobs it creates. But at some point the impacts generated by the industry — the industrial and social impacts — simply outstrip the benefits of drilling. And for some communities, in the long run, they can wind up worse than they might have been if there had been no drilling at all.”

Read about it in the FW Weekly.