THE ECONOMIST: The outlook for U.S. economic recovery
Posted on August 24, 2020
By M. Ray Perryman The COVID-19 pandemic continues. Following significant surges in many states, signals in late July (at least as I am writing) have been modestly encouraging, with case numbers beginning to level off and COVID-related emergency room visits trending downward. Nonetheless, it will be a while before daily life or the economy can […]
Read Full DevelopmentCity launches business assistance program
Posted on August 24, 2020
The City of Odessa has launched a business assistance program to help local businesses affected by the COVID-19 pandemic. A city press release detailed that, “The program is available for business interruptions occurring on or after March 18, 2020 (date of the Mayoral Disaster Declaration) due to COVID-19,” which resulted in business requiring to close, […]
Read Full DevelopmentNew coalition created to address road needs
Posted on August 24, 2020
Keep Texas Moving calls for private-public partnerships to build highways By Mella McEwen, MRT.com/Midland Reporter-Telegram Photo: Callaghan O’Hare, Bloomberg Vehicles sit in traffic on Highway 302 near Kermit, Texas, U.S., on Friday, Aug. 24, 2018. Texas’ economy came to a near-standstill amid the COVID-19 pandemic and suffering the ramifications of a plunge in energy activity and oil and gas […]
Read Full DevelopmentSolar farm construction complete
Posted on August 24, 2020
174 Power Global on Wednesday announced that it has completed and energized its Oberon Solar Power Facility in Ector County. The project, a news release details, is one of the largest utility-scale solar generation facilities in Texas. Chariot Energy, an affiliate of 174 Power Global, has entered into a power purchase agreement (PPA) for 30 […]
Read Full DevelopmentOdessa remembers, honors victims
Posted on August 24, 2020
The Odessa American will spend the next eight days offering up stories of triumph over tragedy as the one year anniversary of the mass shooting approaches. Odessa’s Darkest Day is not a day of celebration as anniversaries often are, but rather a time to reflect on the hundreds if not thousands of lives impacted by […]
Read Full DevelopmentGOOD NEWS: MCH receives quality achievement award
Posted on August 24, 2020
AHA Award recognizes Medical Center Hospital’s commitment to quality heart failure care Odessa American oalife@oaoa.com Medical Center Hospital has received the American Heart Association’s Get With The Guidelines – Heart Failure Gold Plus Quality Achievement Award. The award recognizes the hospital’s commitment to ensuring heart failure patients receive the most appropriate treatment according to nationally recognized, […]
Read Full DevelopmentStudy seeks to create outer loop around Odessa, Midland
Posted on August 24, 2020
By Jack Ladd Robert Louis Stevenson once wisely said, “Don’t judge each day by the harvest you reap, but by the seed you plant.” I try to reflect on this quote every day because sometimes thinking about the end goal is simply too overwhelming, it seems too unattainable. Sometimes the only way to tackle a […]
Read Full DevelopmentStudy: Permian’s economics will help weather downturn
Posted on July 14, 2020
By Mella McEwen, MRT.com/Midland Reporter-Telegram There is no question operators active in the Permian Basin are facing a difficult economic environment. But a recent report by Mercer Capital finds the nation’s most prolific basin should fare better than other producing regions because of its economics. The Permian is still one of the focus areas for supermajors Exxon-Mobil and […]
Read Full DevelopmentAccurate census count helps determine funding, representation
Posted on July 14, 2020
By Ruth Campbell rcampbell@oaoa.com Because of all the goodies it can provide, the West Texas Food Bank and Permian Strategic Partnership have teamed up to encourage people to fill out their census forms. The every decade count helps determine how many representatives go to congress, federal funding for schools, roads, hospitals and even economic development. In […]
Read Full DevelopmentOilfield service sector expected to get leaner, more efficient
Posted on July 14, 2020
By Mella McEwen, MRT.com/Midland Reporter-Telegram A very different-looking oilfield service sector is expected to emerge from the aftermath of the COVID-19 pandemic and ultra-low commodity prices. “The impact is going to be dramatic,” said James Wicklund, managing director, Stephens Inc. last week during a weekly webinar on issues impacting the oil industry. The webinars are presented by Grant […]
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