If you are in an oil and gas region, you probably remember this bumper sticker:
“Just one more oil boom, Lord. I promise I won’t piss this one away.”
Twenty years later, here it is. Regional producers see ‘boom’ conditions for oil, gas in the future.
“World demand has increased significantly, both for oil and natural gas, and Ward thinks there will be a continued increase in the foreseeable future.”
So what is your community doing to take advantage of it? Community Foundations are a good option. They allow your community to capture a small percentage of the wealth that is about to be transferred out of town when the “old” generation dies off, and leaves the land to their city-dwelling kids.
And what is your business doing? Are you looking for ways to target the increased activity? If this means a boom time for you also, then are you saving some of the proceeds against the inevitable lean times ahead?
Technorati tags: small business, oil, rural
- Best practices for rural housing - July 19, 2021
- How to be more open to new ideas #IdeaFriendly - July 3, 2021
- Market your small town as a movie filming location, attract movie and game fan tourists - June 28, 2021
- Survey of Rural Challenges 2021 results, analysis of themes from 2015 through today - June 7, 2021
- What makes a small town a micropolitan or nanopolitan? - May 22, 2021
- Improving Rural Housing: turning blighted dilapidated houses into new homes - May 7, 2021
- Are marijuana shops good or bad for small towns? - April 22, 2021
- Downtown is your town’s core: How to make your case - February 22, 2021
- Zoom Towns: attracting and supporting remote workers in rural small towns - December 10, 2020
- In an economic crisis, spend your brainpower before your dollars - November 25, 2020