According to the impact report, the Permian Basin generated $119B for the US economy in 2024 and supported more than 862,250 jobs.

Permian Basin drives $119B in US economic impact, report finds

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Only a small percentage — 1.6% — of Texans and New Mexicans reside in the Permian Basin, but the region has an outsized economic impact.

The Permian Strategic Partnership (PSP) has released its 2024 Economic Impact Report, highlighting the region’s essential role in supporting critical government functions such as public education and teacher support, police and fire departments, roadside safety, community hospitals and universities.

Click here to read the full article
Source: mrt

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