Houston Matters

What Happens to Houston After Oil?

Typical projections from the oil and gas industry suggest, thanks in large part to the burgeoning shale oil industry, the United States could become the world’s top oil producer in the next decade. But what if those projections are overstated? Is there a danger in Houston’s economy hinging so significantly on one industry? What should we […]

Typical projections from the oil and gas industry suggest, thanks in large part to the burgeoning shale oil industry, the United States could become the world’s top oil producer in the next decade. But what if those projections are overstated? Is there a danger in Houston’s economy hinging so significantly on one industry? What should we do to hedge our bets, and when should we do it? What might Houston, Texas look like…after oil?

On this edition of Houston Matters, we consider what industries we might seek to prop up in preparation for a future Houston – perhaps deep in the future – after oil. We’ll also consider what lessons we can learn from past oil busts.

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