5 ms·
Oil money is a start, though my understanding is the workers go where the work is and take the money home when the work runs out. Those also tend to be in place
by heurist 8y ago
Oil money is a start, though my understanding is the workers go where the work is and take the money home when the work runs out. Those also tend to be in places people don't want to live for long. Most of the oil money is also extracted to major cities like Houston, so it's not a complete solution because it's an extremely leaky bucket.
Some places are doing better than others. But are they building products that solve local problems, or are they trying to primarily sell to a national or global market? Are they funded by local capital? Will the benefits of their production stay local?