Pothole filled roads, bumpy highways and shaky bridges in Texas are posing mounting challenges to Texas drivers, according to a new report from TRIP, a Washington, DC based national transportation research organization.
Of the 100 transportation challenges identified in the report, five out of the top 50 are located in the San Antonio area.
The Eagle Ford Shale project is expected to be the world’s largest natural gas exploration project in the next three years, so Frio County Commissioners are working toward a master plan for economic development needed by the community.
Craft brewing companies have provided plenty of fun to beer fans, and according to a report by University of Texas at San Antonio economics professor Scott Metzger (who also happens to run his very own brewery, Freetail Brewing Company) have generated $608 million in the Lone Star State.
Metzger estimates that by 2020, the industry will generate $5.6 billion, a figure he calls conservative.
From 2009 to 2011 the healthcare and bioscience industries in San Antonio grew by nearly $5 billion according to a new report by doctors Richard Butler and Mary Stefl from Trinity University.
The study shows the comprehensive impact in 2011 was $29.2 billion, up from $24.5 billion in 2009. Butler said that more than 40,000 new jobs have been added over the past decade to those industries, fueling the city's growth.
The state attorney general’s office has announced a settlement in a 5-year, 33-state fraud investigation of the Pfizer drug company. The pharmaceutical company will pay almost $43 million to the 33 states for its unlawful marketing of two antibiotic drugs and claiming that its brand name drug was superior to a generic equivalent.
Texas will receive $3.9 million in the settlement.
Although San Antonio isn't directly a part of drilling and extraction activities of the Eagle Ford Shale, it is one of the many communities benefiting from the injection of economic power.
According to a new report by the San Antonio Economic Foundation, road damage caused by trucks traveling to and from the Eagle Ford Shale drilling sites is a big challenge for Bexar County and the City of San Antonio. The report recommends infrastructure planning during the next legislative session.
At the American Wind Energy Association Conference last week, Jimmy Glotfelty, co-founder of Clean Line Energy, said that government incentives are still needed at least for five more years to foster development of wind projects.
The federal tax credit that helped make Texas the leader in wind power expires at the end of year. Some people in the wind energy industry seem resigned to the possibility that even if Congress renews the credit, the days of such breaks are nearing an
If President Obama and Congress fail to reach a deal on tax and spending changes, the nation would feel a lot of fiscal pain. But it also may benefit from the long-term fiscal restraint that would come from keeping tax hikes and spending cuts in place.
Originally published on Fri December 7, 2012 11:11 am
It wouldn't be the worst thing that could happen to the country.
If President Obama and Congress can't come to agreement on new tax and spending policies by the end of year, the U.S. could slip into recession, defense and domestic programs will see damaging cuts, and the American people may become convinced that Washington can't govern the nation.
On the other hand, the lack of a deal would do a lot to help erase the federal deficit.