God looks after drunks, fools and the USA

[Spock]

The offshoots of the Shale Gas and Oil revolution just never stop.

http://themilliondollarway.blogspot.com ... final.html

A 2 Billion dollar fertilizer plant in Jamestown ND (about 200 miles from the Bakken) utilizing natural gas from the Bakken.

These jobs(construction, component building etc) are probably not directly counted in the oil and gas column, but they are due to the Revolution, regardless.

[Bob Juch]

It costs twice as much to rent a uhaul from California to Texas as it does from Texas to California.

Now we know that welfare people are not the predominant demographic of those moving from CA to Texas. The vast majority of them are likely employees. This alone suggests that Texas employees are doing fine. At the very least it suggests that Texas is better for employees than California is.

EMPLOYEES are voting with their feet (and their uhaul dollars)

That is entirely meaningless!

On the average it costs more to run a U-Haul store in California than it does in Texas. They have to charge more to make up for that. The example Rick Scott used was from San Francisco to Austin. San Francisco is the most expensive city in the country to live in. A U-Haul store in San Francisco is going to have the highest overhead of any store. I'm pretty sure their employees are paid more then ones in Austin as well.

If there were fewer people moving from California than from Texas then the stores in California would have to change more to make up for less business.

Also, if employees are being relocated aren't their employers paying for a professional move?

Has anyone checked on the cost of a U-Haul from Houston to Williston?

[BackInTex]

It costs twice as much to rent a uhaul from California to Texas as it does from Texas to California.

Now we know that welfare people are not the predominant demographic of those moving from CA to Texas. The vast majority of them are likely employees. This alone suggests that Texas employees are doing fine. At the very least it suggests that Texas is better for employees than California is.

EMPLOYEES are voting with their feet (and their uhaul dollars)

That is entirely meaningless!

On the average it costs more to run a U-Haul store in California than it does in Texas. They have to charge more to make up for that. The example Rick Scott used was from San Francisco to Austin. San Francisco is the most expensive city in the country to live in. A U-Haul store in San Francisco is going to have the highest overhead of any store. I'm pretty sure their employees are paid more then ones in Austin as well.

If there were fewer people moving from California than from Texas then the stores in California would have to change more to make up for less business.

Also, if employees are being relocated aren't their employers paying for a professional move?

Has anyone checked on the cost of a U-Haul from Houston to Williston?

smh

And yet, you get to vote.

[BackInTex]

A little dated (2009) but the economic rules still apply.

"When comparing California with Texas, U-Haul says it all. To rent a 26-foot truck oneway from San Francisco to Austin, the charge is $3,236, and yet the one-way charge for that same truck from Austin to San Francisco is just $399. Clearly what is happening is that far more people want to move from San Francisco to Austin than vice versa, so U-Haul has to pay its own employees to drive the empty trucks back from Texas."

[Bob Juch]

A little dated (2009) but the economic rules still apply.

"When comparing California with Texas, U-Haul says it all. To rent a 26-foot truck oneway from San Francisco to Austin, the charge is $3,236, and yet the one-way charge for that same truck from Austin to San Francisco is just $399. Clearly what is happening is that far more people want to move from San Francisco to Austin than vice versa, so U-Haul has to pay its own employees to drive the empty trucks back from Texas."

What's "clear" to the writer is not clear to U-Haul. They don't agree.

[Spock]

The economic miracle that is Texas oil production.

http://www.aei-ideas.org/2014/06/texas- ... -producer/

Texas reached the 3 million barrel a day mark in April.

Pull quote>>>The dramatic increase in Texas’s oil production is bringing jobs and economic prosperity to the state. For example, over the last 12 months through May, payrolls in the state of Texas increased by 383,100 jobs, which was a 3.4% annual increase in the state’s employment level, double the 1.7% increase in total US payrolls over that period. <<<<

Spock's comment-The 1.7% national rate includes the Texas 3.4% rate. It also includes "X" number of jobs directly in the shale oil and gas revolution in ND, Okla, Pa-etc-Plus "X" number of jobs nationwide building things for Texas, ND etc.

Also note -not all new Texas jobs and growth is energy related-a certain percentage is growth in other fields.

Texas and the "Shale oil and gas revolution" are punching well above their weight in terms of job creation on a national scale.

[Bob Juch]

Boom Meets Bust in Texas: Atop Sea of Oil, Poverty Digs In

http://www.nytimes.com/2014/06/30/us/bo ... .html?_r=0

[Spock]

A 2012 Forbes article on California to Texas migration.

http://www.forbes.com/sites/trulia/2013 ... eople-are/

Pull quote>>> Since 2005, far more Californians have turned Texan than the other way around: 183 Californians moved to Texas for every 100 Texans moving to California. (The average flow since 2005 between California and all other states – not just Texas – has been 133 out for each 100 in.)<<<<


http://themilliondollarway.blogspot.com ... north.html

Earlier I referenced a possible 2 Billion dollar fertilizer plant in Jamestown. Here is the other possible 1.7 Billion Dollar plant in Grand Forks. All related to natural gas.

BobJ>>>Boom Meets Bust in Texas: Atop Sea of Oil, Poverty Digs In<<<

Call me when the NY Times does an in-depth feature on poverty in the Central Valley of California.

[themanintheseersuckersuit]

Everyone filed out of the red brick building, where there is a plaque by the front doors. Ms. Vargas and Ms. Salinas did not notice it. This was the old schoolhouse where President Johnson first saw extreme poverty in 1928. During the collection, the worshipers had passed around a basket. Ms. Vargas contributes when she can. This evening she had nothing to put in.

[Spock]

Boom Meets Bust in Texas: Atop Sea of Oil, Poverty Digs In

http://www.nytimes.com/2014/06/30/us/bo ... .html?_r=0

From the linked article:
>>>Across the railroad tracks and Interstate 35, a newly reopened railroad interchange stores acres of pipe and receives shipments of sand from Wisconsin to be used in hydraulic fracturing, or fracking. Next to the terminal is an expanding natural gas processing plant that lies in the heart of the Eagle Ford,<<<<

Looks like an interesting nation-wide job footprint referenced here. The Eagle Ford is like the Bakken-sucking in men and material(and creating jobs nationwide)from across the country and putting out oil and jobs.

I suspect the "Acres of Pipe" probably aren't made in Texas. Ohio, maybe? Here in central Minnesota, I see a lot of railcars loaded with pipe headed northwest towards the Bakken. Obviously, creating "Revolution" jobs somewhere to the southeast of North Dakota.

Plus sand mining jobs in Wisconsin.
.

[Spock]

Random quote from the Million Dollar Way guy.

http://themilliondollarway.blogspot.com ... -2014.html

>>>It's taken a year, but we have pretty much figured out the highways and byways (the frontage road system) in the Grapevine, Texas, area. It's really quite incredible; Texas has the best highway system in the world, at least in the world I know, including Germany.<<<<<

And he is familiar with California and a lot of other places.

[Beebs52]

Random quote from the Million Dollar Way guy.

http://themilliondollarway.blogspot.com ... -2014.html

>>>It's taken a year, but we have pretty much figured out the highways and byways (the frontage road system) in the Grapevine, Texas, area. It's really quite incredible; Texas has the best highway system in the world, at least in the world I know, including Germany.<<<<<

And he is familiar with California and a lot of other places.

Um, hm. Well, not so sure about that...I mean...it has its moments.

[themanintheseersuckersuit]

Random quote from the Million Dollar Way guy.

http://themilliondollarway.blogspot.com ... -2014.html

>>>It's taken a year, but we have pretty much figured out the highways and byways (the frontage road system) in the Grapevine, Texas, area. It's really quite incredible; Texas has the best highway system in the world, at least in the world I know, including Germany.<<<<<

And he is familiar with California and a lot of other places.

Um, hm. Well, not so sure about that...I mean...it has its moments.

I don't think any of the engineers designing highways for Texas cities own a straightedge

[Beebs52]

Random quote from the Million Dollar Way guy.

http://themilliondollarway.blogspot.com ... -2014.html

>>>It's taken a year, but we have pretty much figured out the highways and byways (the frontage road system) in the Grapevine, Texas, area. It's really quite incredible; Texas has the best highway system in the world, at least in the world I know, including Germany.<<<<<

And he is familiar with California and a lot of other places.

Um, hm. Well, not so sure about that...I mean...it has its moments.

I don't think any of the engineers designing highways for Texas cities own a straightedge

Or a calendar. We're involved in many transportation/mobility projects in the area currently and time was and will be an artificial construct. Except for the Groundwater Reduction Project which has dug up and repaired miles of roadway in record time.

[themanintheseersuckersuit]

http://www.npr.org/blogs/money/2014/07/ ... in-1-graph

NPR: How Every U.S. State Has Fared Since The Recession, In 1 Graph

[Spock]

Random quote from the Million Dollar Way guy.

http://themilliondollarway.blogspot.com ... -2014.html

>>>It's taken a year, but we have pretty much figured out the highways and byways (the frontage road system) in the Grapevine, Texas, area. It's really quite incredible; Texas has the best highway system in the world, at least in the world I know, including Germany.<<<<<

And he is familiar with California and a lot of other places.

Um, hm. Well, not so sure about that...I mean...it has its moments.

Obviously, that is his opinion. I just thought it was funny-given the "Texas is a 3rd World Country" meme here.

[Beebs52]

Random quote from the Million Dollar Way guy.

http://themilliondollarway.blogspot.com ... -2014.html

>>>It's taken a year, but we have pretty much figured out the highways and byways (the frontage road system) in the Grapevine, Texas, area. It's really quite incredible; Texas has the best highway system in the world, at least in the world I know, including Germany.<<<<<

And he is familiar with California and a lot of other places.

Um, hm. Well, not so sure about that...I mean...it has its moments.

Obviously, that is his opinion. I just thought it was funny-given the "Texas is a 3rd World Country" meme here.

Heh.

[Spock]

http://www.thebakken.com/articles/703/u ... the-bakken

More high-paying scientific/technical type jobs related to the "Revolution."

Must be a fairly big deal given that a senator was there. There is so much business stuff opening, there is no way they can make them all.
....................................................................................................................
http://www.thebakken.com/articles/701/p ... the-bakken

A synopsis of planned pipeline (The Big Projects) activity related to the Bakken.

Billions of dollars in projects with "X" construction jobs, plus "X" jobs building pipeline components wherever in the country.

------------------------------------------------------------------------------------------
http://sogistx.blogspot.com/2014/07/dal ... north.html

1/4 of all the drilling rigs on earth are working in Texas.

[Spock]

http://news.yahoo.com/foreign-investors ... arebuttons

Foreign investors eyeing non(directly)-oil related investments. Obviously, this would not be happening without the "Revolution."

>>>Now two foreign companies are planning a pair of large oil patch developments worth $800 million.<<<

>>>Among the latest projects is Swiss firm Stropiq's plan for a $500 million, 219-acre mixed-use development called Williston Crossing featuring 1 million square feet of retail, entertainment and hotel space along with offices and residential plots.<<<<

>>>Another foreign investment firm, Singapore's Barons Group of Companies, has proposed a $300 million project in Dickinson called Barons Vista that includes a mall, four-star hotel, spa, offices and condos.<<<<
------------------------------------------------------------------------------------------------------------------------------------
Then just a reminder. We are the biggest producer of crude in the world.
http://sogistx.blogspot.com/2014/07/blo ... t-oil.html

Pull Quote
>>>>“The U.S. increase in supply is a very meaningful chunk of oil,” Francisco Blanch, the bank’s head of commodities research, said by phone fromNew York. “The shale boom is playing a key role in the U.S. recovery. If the U.S. didn’t have this energy supply, prices at the pump would be completely unaffordable.”<<<<<

[Spock]

http://www.aei-ideas.org/2014/07/chart- ... alifornia/

Texas has added one million jobs since 2007 VS 24,900 in California.

Pull Quote
>>>What’s different about Texas and California that would explain why one state (Texas) has added more than one million net new jobs since 2007, while the other (California) has created almost no new net jobs over the last six and-a-half years? Let’s start by pointing out that one of those states — Texas — is pro-energy (i.e. fossil fuel energy), it’s a right-to-work state, it has no state income tax, its electricity prices are significantly lower because it doesn’t have a renewable energy mandate, and its regulatory burden on businesses is much lighter. In other words, Texas has created a pro-business and pro-growth environment that has helped to nurture the creation of more than one million jobs since December 2007. Meanwhile, California has created an increasingly anti-business climate with some of the highest state tax and regulatory burdens in the country, which along with sky-high industrial electricity prices (83% higher than in Texas), have stifled business and job creation, with almost no net job gains in more than six years.<<<<

Spock's note-The new jobs in Texas are not simply "Revolution" related. Texas would be a job creating machine, even without the Shale Oil and Gas Revolution.

[Bob78164]

http://www.aei-ideas.org/2014/07/chart- ... alifornia/

Texas has added one million jobs since 2007 VS 24,900 in California.

Pull Quote
>>>What’s different about Texas and California that would explain why one state (Texas) has added more than one million net new jobs since 2007, while the other (California) has created almost no new net jobs over the last six and-a-half years? Let’s start by pointing out that one of those states — Texas — is pro-energy (i.e. fossil fuel energy), it’s a right-to-work state, it has no state income tax, its electricity prices are significantly lower because it doesn’t have a renewable energy mandate, and its regulatory burden on businesses is much lighter. In other words, Texas has created a pro-business and pro-growth environment that has helped to nurture the creation of more than one million jobs since December 2007. Meanwhile, California has created an increasingly anti-business climate with some of the highest state tax and regulatory burdens in the country, which along with sky-high industrial electricity prices (83% higher than in Texas), have stifled business and job creation, with almost no net job gains in more than six years.<<<<

Spock's note-The new jobs in Texas are not simply "Revolution" related. Texas would be a job creating machine, even without the Shale Oil and Gas Revolution.

Some of the analysis is obviously mistaken. California was hit much harder than was Texas by the recession. That's because our high housing prices resulted in a much bigger crash when the bottom fell out of the housing market.

For additional perspective, see this analysis. --Bob

[themanintheseersuckersuit]

Restricting the number of new homes that can be built improves the quality of life for the people who live in the state by making it less crowded, thereby reducing stress on the infrastructure and the environment. It means, for example, that Californians are less likely to see their homes blown up by exploding fertilizer plants. But it also means that fewer people will live there. For this reason it shouldn't be surprising that Texas would win the job growth derby; California has effectively decided to constrain its growth.

LOL, Coastal Elite to rest of California: FU

[Spock]

More high-paying, scientific (KT) type jobs in the Bakken. In this case, environmental engineers.

http://www.thebakken.com/articles/705/l ... ken-office

[themanintheseersuckersuit]

Restricting the number of new homes that can be built improves the quality of life for the people who live in the state by making it less crowded, thereby reducing stress on the infrastructure and the environment. It means, for example, that Californians are less likely to see their homes blown up by exploding fertilizer plants. But it also means that fewer people will live there. For this reason it shouldn't be surprising that Texas would win the job growth derby; California has effectively decided to constrain its growth.

LOL, Coastal Elite to rest of California: FU

I was just rereading this quote and thought, "hey are these the same liberals that want wide open immigration?"

Restricting the number of new homes that can be built improves the quality of life for the people who live in the state by making it less crowded

[Bob Juch]

I was just rereading this quote and thought, "hey are these the same liberals that want wide open immigration?"

Restricting the number of new homes that can be built improves the quality of life for the people who live in the state by making it less crowded

While I'm sure that there are some ultra-liberals that want wide-open immigration, most of us do not.