The Barnett Shale is fueling growth throughout North Texas. A new study from the Fort Worth Chamber of Commerce and economist Ray Perryman found that the Barnett Shale pushed $8.2 billion into the local economy. This is a 50 percent increase over 2006. It has also created more than 83,820 jobs as well.
The Barnet Shale serves as a buffer to the North Texas area from much of the economic slowdown we've seen around the nation. The phenomenon has a multiplier effect on everything in our local economy especially real estate. This is good news for everyone, especially with the people who are relocating here because of business opportunities from the Barnett Shale.
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