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Recent Developments

More homes, more flights; Odessa EDC outlines growth

Posted on June 5, 2018

By Tatum Guinn   ODESSA – Odessa continues to see huge growth. The Odessa Economic Development Corporation is giving us a better idea of just how much growth our area is seeing. According to their most recent data report, 85 homes were approved to built in April. That’s 30 more than this time a year ago. The […]

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America’s ‘most prosperous’ city is in Texas. It is not Austin…

Posted on June 5, 2018

America’s ‘most prosperous’ city is in Texas. It is not Austin… May 31, 2018 By Amanda O’Donnell You might consider Austin a pretty nice setup. Plenty of sun, a growth rate that cannot be stopped and a wealth of job opportunities. Despite these prosperous-sounding factors, and despite the whole being named “best place to live in America” for two […]

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OC board to consider solar company abatement

Posted on May 22, 2018

OC board to consider solar company abatement Odessa American oanews@oaoa.com Posted on May 22, 2018 by Odessa American The Odessa College Board of Trustees will consider a tax abatement agreement with Oberon Solar at its meeting set for 6:30 p.m. today (May 22) in the Zant Room on the second floor of the Saulsbury Campus Center, 201 […]

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Boom in West Texas oil patch lifts wages, prices

Posted on May 22, 2018

Boom in West Texas oil patch lifts wages, prices   MIDLAND, Texas (Reuters) – (This May 1 story has been refiled to correct name of professor to Lutz Kilian, not Kilian Lutz, in thirteenth paragraph.)  In West Texas, rising oil prices are fueling a sharp economic upswing, lifting employment and pay to records, driving up […]

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Odessa College an Aspen Prize finalist again

Posted on May 17, 2018

OC an Aspen Prize finalist again By Ruth Campbell rcampbell@oaoa.com Odessa College has been named among the 10 finalists for the 2019 Aspen Prize for Community College Excellence. The announcement was made to members of the college board of trustees, community dignitaries, Ector County Independent School District Superintendent Tom Crowe and school board member Steve Brown […]

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Permian could become world’s largest oil patch

Posted on April 26, 2018

Basin production expected to overtake Iran by end of the year   Photo: Michael Ciaglo/Houston Chronicle The Permian shale play is all about setting records. Now, the region will probably become the world’s largest oil patch over the next decade. The Permian shale play is all about setting records. Now, the region will probably become […]

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PERRYMAN: Texas economic forecast shows state still on top

Posted on April 26, 2018

By Ray Perryman The Texas economy has been growing at a relatively healthy pace and the Lone Star State is widely recognized as a good place to live and do business. Our most recent projections indicate that the state economy is set to continue its upward trend. Recovery in the energy sector is improving conditions […]

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Midland-Odessa on course to return to record-setting economic growth

Posted on April 26, 2018

Economic index could surpass highs set in era of $100 oil by summer   Photo: James Durbin/Reporter-Telegram Casing sits on a rack near Trinidad Drilling Rig 433 on Nov. 2, 2016, in Midland County. Midland and Odessa are on course to repeat or even surpass the white-hot economic growth of 2010-2014 that was fueled by […]

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Midland-Odessa on course to return to record-setting economic growth

Posted on April 26, 2018

Economic index could surpass highs set in era of $100 oil by summer Photo: James Durbin/Reporter-Telegram Casing sits on a rack near Trinidad Drilling Rig 433 on Nov. 2, 2016, in Midland County. Midland and Odessa are on course to repeat or even surpass the white-hot economic growth of 2010-2014 that was fueled by triple-digit […]

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Solar company investing in Permian Basin

Posted on March 22, 2018

One of the largest manufacturers of solar panels and solar cells in the country is looking at possibly building a solar project in Ector County — a potential $50 million investment. The project, called Oberon Solar, would consist of a 50 megawatt solar power plant on unused land in western Ector County. Each megawatt would […]

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