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Keeping it Together: Preserving the Permian Basin Energy Sector and the Odessa Economy through the COVID‑19 and Related Oil Market Challenges
Report Published on May 15, 2020

The Permian Basin is among the most important oil-producing regions in the world. Drilling and production and the necessary supporting industries generate business activity not only in the region, but across the state and the nation. In order to be in a position to fully take advantage of future opportunities, it is imperative that the underlying capabilities remain in place - the workforce, the infrastructure, the supply chain, the equipment, and the community support systems. Given the current situation, maintaining this viability requires immediate action from governments at all levels and the private sector.

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The Economic Outlook for Texas and the Permian Basin: Projected Recession and Recovery from COVID‑19
Brief Published on April 22, 2020

Drastic, but necessary, measures to "flatten the curve" and prevent a major spike in COVID-19 infections have involved shutting down much of the economy. The inevitable result has been the loss of millions of jobs and a sudden and unprecedented downturn.

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The Economic Outlook for Texas and the Midland MSA: Projected Recession and Recovery from COVID‑19
Brief Published on April 22, 2020

Drastic, but necessary, measures to "flatten the curve" and prevent a major spike in COVID-19 infections have involved shutting down much of the economy. The inevitable result has been the loss of millions of jobs and a sudden and unprecedented downturn.

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The Economic Outlook for Texas and the Odessa MSA: Projected Recession and Recovery from COVID‑19
Brief Published on April 22, 2020

Drastic, but necessary, measures to "flatten the curve" and prevent a major spike in COVID-19 infections have involved shutting down much of the economy. The inevitable result has been the loss of millions of jobs and a sudden and unprecedented downturn.

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Priority Midland by the Numbers: Executive Summary
Brief Published on August 15, 2019

Midland stands at the epicenter of an economic phenomenon of global importance which has created an enormous opportunity for the area. With proactive efforts, Midland can prepare for the challenges ahead and ensure the opportunities associated with oil and gas and related activity benefit the full community.

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Priority Midland by the Numbers: Overview
Infographic Published on August 15, 2019

Recent advances such as hydraulic fracturing, horizontal drilling, as well as new discoveries, increased exports, and infrastructure improvements will lead to less volatility, larger scale drilling programs, increased cycle times, and a larger permanent workforce and population. These changes and their associated spin-off effects will lead to myriad economic benefits, including increased output (real gross product), greater personal income, new (and higher paying) jobs, additional retail sales, and enhanced tax revenues. The resulting growth brings enormous potential benefits, but also has profound implications for housing, infrastructure, education, health & wellness, and quality of place. Proactive efforts to prepare for the coming growth can position the area to emerge stronger and more prosperous in the future.

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Pandemic and Petroleum: An Economic Perspective on the Current and Potential Future Landscape
Video Delivered on March 30, 2020

Dr. Ray Perryman sat down with Collin Sewell for an hour to discuss the coronavirus pandemic and petroleum.

Where is the energy sector headed?
Radio Spot Broadcast via Texas State Networks on December 17, 2020

As the oil markets show signs of recovery, Dr. Perryman explains how the sector has changed and adapted to move forward. 

What is the economic influence of climate change?
Radio Spot Broadcast via Texas State Networks on September 24, 2020

Dr. Perryman explains how the oil and gas industry can adapt to weather the storm of climate change and keep the state economy strong. 

Why are oil prices going down again?
Radio Spot Broadcast via Texas State Networks on September 14, 2020

Dr. Perryman explains the cause of the latest price drop.