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The Times of India
The Times of India
World
TOI World Desk

This Texas basin was once dismissed as a ‘graveyard’. Now its oil economy supports 853,924 jobs and generates billions in economic activity across the US

Oil Texas Economy United States Permian Permian Basin New Mexico America West Texas

A century ago, the Permian Basin was hardly the place anyone would have picked as an engine of the American economy. Early observers were so unimpressed by parts of the landscape that the region was dismissed as a “graveyard” according to WorldOil. Today, the same stretch of West Texas and southeastern New Mexico sits at the centre of one of the country’s most important energy-producing regions. Its impact now reaches far beyond oil wells and drilling rigs.

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