Midland Still In Business

Across the country thousands of oil and gas workers have been laid off, local, state and federal tax collections are down, and drilling rigs and equipment are idle. 2014-2016 has been the worst oil bust in decades; but Midland, the energy capital of West Texas hasn’t slowed down much. New oil and gas company office complexes are going up and drilling continues in the Permian Basin.  New hotels, restaurants and a major grocery store have opened this year.  Mayor Jerry Morales, a Midland native believes that things will bounce back, and business is catching up with the frenetic growth during the recent boom. Midland leaders note that there is still plenty of oil in the ground and no shortage of places to drill, and they are confident that “another boom is just around the bend.”