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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
Rising — being discussed more frequently. 2 mentions in the last 30 days.
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
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 ...
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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...