Category: Additional Topics

Houston based firm closes deal for 100 Acres in NE San Antonio

September 27, 2012

“San Antonio is one of the better markets to be in, in Texas,” Ross said. “This particular submarket is very underserved with finished lots. There’s strong demand from the builders, and they want new product.” The first phase of the development is expected to be completed in nine months and will include roughly 140 residential lots, […]

San Antonio-based Abraxas well in West Texas is gushing oil and gas

The well, drilled horizontally to 9,850 feet, is currently producing 828 barrels of oil per day and 734,000 cubic feet of natural gas, according to the company. “We are extremely encouraged with these well results as they validate our aggressive capital program to develop new oil reserves and production,” Abraxas CEO Bob Watson says. “In […]

Texas economy approaching pre-recession levels

September 26, 2012

Texas’ economy activity ticked up slightly in July to an index level to 99.0, according to the Comerica Bank’s Texas Economic Activity Index. The index is baselined to 2008, indicating that a reading of 100.0 points means that the Texas economy is performing at early recession levels. “The Texas economy reversed its June dip, growing […]

Unemployment dips in San Antonio…

September 24, 2012

The San Antonio area employment outlook brightened in August as 4,300 jobs were created and unemployment fell to its lowest level in more than three years, the Federal Reserve Bank of Dallas said. The Fed’s seasonally adjusted unemployment rate in San Antonio for August was 6.5 percent, down from 6.8 percent a month earlier and the […]

Everything is bigger in Texas

September 15, 2012

Sometimes it is important to have some light reading … Everything is bigger in Texas… since Arch “Beaver” Aplin opened his most humongous Buc-ee’s pit stop yet this year, some rivals and bemused travelers are saying that even in the Lone Star State, there may be such a thing as too big. Billed as the world’s […]

Third time’s a charm for the Fed?

September 14, 2012

After months of sitting on the sidelines, the Federal Reserve today approved a series of moves to encourage borrowing and spending. It’s the third round of stimulus—aka quantitative easing—that the Fed has undertaken to spur a still-sputtering economy along. The Fed voted 11 to 1 to approve a plan to spend $40 billion a month […]

San Antonio – HemisFair Park Area Redevelopment

August 27, 2012

Consultants are proposing an ambitious plan to revitalize HemisFair Park that could include demolishing part of the Convention Center and relocating the Institute of Texan Cultures within the park.   Calling it a framework plan, consultants working with the HemisFair Park Area Redevelopment Corp. presented the proposals to a packed house Tuesday night at Sunset Station. […]

As energy companies continue to invest in shale resources, transportation companies rush to keep crude flowing out

August 23, 2012

Oil and gas producers show no signs of slowing down drilling activity in shale formations across the country. However, without pipeline infrastructure in place to quickly transport those resources to refineries, companies have turned to a more traditional mode of transportation — rail. Most of the country’s shale plays are located in remote areas, including […]

Mexico investing billions to tap into Eagle Ford Shale

The Mexican government is planning to invest $8 billion to expand its natural gas pipeline system to accept shipments from the Eagle Ford Shale play in South Texas, reported. Mexico already purchases large quantities of natural gas from the United States. The U.S. Energy Department data shows that natural gas exports from the United States […]

In Texas’s Capital – Construction on Many Corners

August 21, 2012

The New York Times published a story in today’s paper that lists several of the residential and commercial projects going up [in Austin], including: Third and Brazos, a 277-unit apartment project near Congress Avenue Gables Park Plaza, a 222-unit, 18-story apartment building overlooking Lady Bird Lake The 1,012-room JW Marriott convention hotel at Congress Avenue and Second Street A 30-story office building going up at Third […]

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