An Energy Boom That Could Last

http://business.time.com/2013/10/03/texas-tea-party/

An Energy Boom That Could Last
For a bursting oil region like Texas, experience is an asset

By Bryan Walsh / Midland @bryanrwalsh
Oct. 03, 2013

Oil and natural gas are old energy — as old as it gets. But increasingly, the technology used to extract them is cutting-edge. “Over the last 20 or 30 years, there’s been more technological leaps out of the oil and gas industry than there’s been out of Silicon Valley,” says Dale Nijoka, Ernst & Young’s global oil and gas leader.