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
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.
Enrique Peña Nieto, the newly-elected president of Mexico, takes power on Saturday and inherits a nation that is suffering from a long-running conflict against drug traffickers and an economy that is improved but still anemic. On this side of the border, Mexico watchers are hoping Peña Nieto will be the pragmatic problem solver that he promised during his presidential campaign.
Bexar County is offering classes to help certain small construction businesses get a leg up in securing contracts for new business or increasing their business.
The program is being offered to help the small construction industry business learn about the bonding process for contractors. The information offered can help businesses overcome industry challenges to help them gain surety bonds or increase their current bonding capacities.
The program is free to owners of construction-related businesses that meet minimum size, sales, and activity criteria.
“That is right up there with the biggest industries that we have in San Antonio,” said Chamber President and CEO Richard Perez. "Salaries have grown, so this is a place for young people to really find excellent jobs that will fulfill the needs of their families and themselves as being citizens of this community."
A rebounding economy and growing consumer confidence may contribute to a successful holiday shopping season this year.
The consulting firm Accenture reported that this year 52 percent of consumers will increase their spending by $250 or more. On the whole, the report says people are expected to spend $582 for the holiday. 53 percent say they will brave the crowds on Black Friday.
"We actually started preparing right after the season ended last year,” said Scott Redman, store manager at Wal-Mart in the 8500 block of Jones-Maltsberger.
The Texas Higher Education Coordinating Board has awarded $1.3 million to the Alamo, Coastal Bend, Laredo, South Texas Junior and Victoria Colleges to train and educate workers for the Eagle Ford Shale oil and natural gas boom.
"It's going to train up to 800 individuals to go to work very quickly and be able to make a living wage and be able to make a living wage and support their families and help improve the Texas economy,” said THECB Commissioner Raymund Paredes.