PSP report shows motive behind its initiative [Midland Reporter-Telegram, Texas]
PSP officials spoke to the
More activity in the oil patch impacts the roads, which weren’t designed for the type of stress being put on them on a daily basis. During their presentation, PSP officials reminded the council that hydraulic fracturing of horizontal wells requires “substantially more road freight traffic than conventional drilling.”
“This effort is compounded by increasing utilization of locally mined sand,” according to a report provided to the
PSP officials said fracturing operations require 50 trucks of sand a day. And while they hope to get more trucks off the road in other facets of their operations, by 2022, truck loads will have increased by 125 percent from 2016.
RELATED: TxDOT: 11 percent of state’s fatalities happen in
This additional burden on the Permian’s roads is in addition to the 40 percent increase in traffic in the
“We estimate that affected roads require more than $750 million in repairs and rehabilitation to close existing gaps, with the majority of that amount split between the
Workforce (and housing)
In 2018, the
“Attracting new workers is becoming increasingly difficult given the housing shortage and higher costs of living,” the PSP report states. “Thus far, the industry has met most of its labor needs by relying on commuters, but this costly approach does not address other sectors — including health care, childcare, education, retail or services — that shape quality of life.
“To unleash growth, we must address three main challenges: attracting talented, hard-working people to the region, expanding the availability of housing choices and scaling up local vocational training to upskill the local workforce,” the report states.
The oil industry has a record of investing in education, whether it is funding the tax ratification election campaign in
The PSP report echoes what industry leaders have been saying for a year: Oil industry professionals with children rate public education as the single greatest factor in evaluating a location change.
RELATED: PSP: Permian to become fourth largest oil producer in world
PSP also reports that capital funding has not kept pace with growth in the number of students, “casting doubt on the ability of current schools to absorb expected large growth in enrollments.”
“Research shows that student performance rises with teacher experience and quality — and declines with high teacher turnover and inconsistent leadership,” the report states. “Recent initiatives are producing measurable and encouraging improvements, but there is work to be done.”
In 2017, there were 89 primary care physicians — 41 fewer than the national benchmark. That same year, there were 145 non-primary care physicians — 117 fewer than the national benchmark.
“By making wise, timely investments in vital public services, we can create a virtuous circle, attracting the talent we need to fill tens of thousands of good, high-paying jobs, significantly expanding the revenues and profits of companies in a broad range of sectors, and generate billions of additional tax dollars to make new investments,” the report states.
(c)2019 the Midland Reporter-Telegram (Midland, Texas)
Visit the Midland Reporter-Telegram (Midland, Texas) at www.mywesttexas.com
Distributed by Tribune Content Agency, LLC.