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Water serves length and breadth of $1.9 trillion Texas economy

Growth in wet years, economic distress in dry ones.

Wind turbines near Portland, Texas.

By Keith Schneider Circle of Blue

Keith Schneider is senior editor and chief correspondent at Circle of Blue. He has reported on the contest for energy, food, and water from six continents. Circle of Blue is the award-winning, independent news organization that reports on the intersections of water, food, and energy across the U.S. and globally.

“Land downstream of Jacob’s Well enjoyed a 25% to 40% premium in market value over land located along the upstream creek channels that were dry.”

Oil field burn offs near Pecos, Texas. Until recently when the oil and gas market crashed, two lane highways were said to be like a death trap to turn onto. All day long semi-trucks moving ran up and down the highway at 70 plus miles per hour, motivated to move loads and get back for another.

J. Carl Ganter/Circle of Blue. The $1.89 trillion Texas economy is dependent on access to supplies of water. Permian Basin oil and gas developments are among the state’s biggest industrial consumers of fresh water, and largest disposers of waste water.

Flowing water Is soundtrack of Texas economy

Brian Lehmann/Circle of Blue. Though the pandemic slowed construction around the Corpus Christi port, water is required for a new steel factory, liquid natural gas processing plant, a chemical plant and storage tanks.

Odd market principles define water

J. Carl Ganter/Circle of Blue. The civic resource underlying San Antonio’s $15.2 billion annual tourism sector is the River Walk.

Big bill to secure well-being