Beeville was featured this past weekend in a Wall Street Journal article – unfortunately it wasn’t a glowing report on the state of our local economy.
The story, written by Journal reporter Jason Womack, gave a grim view of the counties current natural gas exploration.
“The county clerk’s office in this South Texas town was abuzz last year as natural-gas prospectors pored over property records, searching for the next place to sink a well,” Womack wrote.
“But things are much quieter now in the domed courthouse in the town square; natural-gas prices have plunged and energy companies have pulled way back on drilling, particularly in older gas fields like those that dot this part of the state.”
His story detailed the impact that the fossil fuel industry has on Bee County but notes that the county is not dependant on it. There are other industries, such as Wal-Mart and a state prison that will help by providing jobs during these tough economic times.
But even so, everyone still feels the pinch of the fewer wells drilled in the county.
Womack writes, “Joe Henry Alaniz, who is co-owner of both a Chevrolet dealership and an auto garage in Beeville, said customers have become reluctant to put money into their cars. ‘It trickles down and everybody gets hurt,’ Alaniz said.”
Read the full story here