The explosion of new oil and gas being produced in America’s shale basins is unleashing growth and expansion in cities from Pennsylvania to the Permian Basin of Texas and beyond. Along the Gulf of Mexico, oil towns are growing and connecting as jobs and industry find their way to the coast. ExxonMobil’s Energy Factor details the changes happening in Baytown, Texas.
The small Gulf Coast city, however, is very much connected and not just to nearby Houston. Baytown boasts a thriving petrochemical and manufacturing hub that is linked to a larger set of communities dotting the Gulf Coast. It’s an industrial ecosystem that is helping drive new jobs and infrastructure.
The regional growth is directly attributed to the availability of inexpensive natural gas, an important feedstock for much of what is produced along the Gulf Coast. The abundant supply, unlocked by advanced drilling techniques from within the geological shales throughout the country, is the building block for this vibrant economy.
Today, Baytonians are seeing new multibillion-dollar expansion projects that help bolster city tax rolls, create new jobs and sustain businesses, which in turn produce their own economic development ripples.
ExxonMobil’s footprint in Baytown, and along the Gulf Coast, for that matter, is not new; its longtime presence has laid the foundation for these impactful investments.
Read more here.