High Oil Prices are a New Pipeline for Prosperity in Houston
Tuesday, 01 July 2008 00:05

Soaring oil and gas prices may be a fiscal drag for much of the nation, but here in the self-styled energy capital of the world, they are feeding an economic surge.

In nearby Texas City, dozens of contractors' trailers are lined up outside the gates of massive oil refineries and petrochemical plants, evidence of the billions of dollars in upgrades going on inside.

Source: Washington Post

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