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BBVA Compass

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Valley hopes for economic boom from Mexico’s energy measures

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The Rio Grande Valley, which has missed out on most the oil and gas boom in the nearby Eagle Ford Shale, may get its own boost from increased economic activity tied to Mexico’s energy overhaul.
Petroleos Mexicanos oil platforms in the Cantarell oil field in the Gulf of Mexico.  (Photo: Pemex/Bloomberg)

Mexico energy reform could bring $1.2 trillion to border towns

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As Mexico moves to open its energy sector to international companies, the new investments and increased activity could mean a bonanza for border towns on both sides, attracting as much as $1.2 trillion in economic activity to the region in the next decade, according to a BBVA Compass economist.
Downtown Houston (Bobby L. Warren/Wikimedia Commons)

Energy job growth keeping Houston economy healthy

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In a Q&A with the Houston Chronicle, experts say a shortage of skilled workers is the biggest impediment to Houston’s energy-driven economic expansion.