Summary
Midland County is officially the biggest oil and gas royalty earner in the country, meaning the city is sitting on a massive pile of new cash. This windfall could finally fund those long-awaited infrastructure projects or even lead to some much-needed tax relief for residents.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Impact analysis
The city is looking at a major budget surplus that could pay for big upgrades or lower your tax bill.
Local taxpayers and residents stand to gain the most from improved city services and potential tax cuts.
No groups negatively affected
Mentions & discussions (6)
Oil is climbing again as the U.S.-Iran conflict drags on
Oil prices are back above $90 a barrel as fighting intensifies between the U.S. and Iran and crude oil inventories remain low.Anton Petrus/Getty ImagesOil prices are back above $90 a barrel as fighting between ...
Diamondback reaches 1 million BOE per day after producing 3,000 in 2012
Two of the three Diamondback Energy drilling rigs at work in Ector County are shown in this file photo. The company announced in its second-quarter financial results it is now producing more than a million barr...
Odessa reports increase in sales tax revenue
ODESSA, Texas (KOSA) - The City of Odessa reported an increase in sales tax revenue in June, receiving more than $6.8 million in its monthly sales tax.According to the city, the June sales tax check totaled...
Odessa reports increase in sales tax revenue
ODESSA, Texas (KOSA) - The City of Odessa reported an increase in sales tax revenue in June, receiving more than $6.8 million in its monthly sales tax.According to the city, the June sales tax check totaled...
Signs of oil boom-bust swings and favourite sons abound in Midland, Texas
Signs of oil boom-bust swings and favourite sons abound in Midland, Texas Upstream Online
Guess which county reaps more oil and gas royalty income than any other in the country?
Guess which county reaps more oil and gas royalty income than any other in the country? Houston Chronicle
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