Barnet Shale advancing North Texas

The Barnett Shale is fueling growth throughout North Texas. A new study from the Fort Worth Chamber of Commerce and economist Ray Perryman found that the Barnett Shale pushed $8.2 billion into the local economy. This is a 50 percent increase over 2006. It has also created more than 83,820 jobs as well.

The Barnet Shale serves as a buffer to the North Texas area from much of the economic slowdown we’ve seen around the nation. The phenomenon has a multiplier effect on everything in our local economy especially real estate.