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from what i understand.................... the Texas (old) oil fields were bought by a bunch of speculation oil drillers and the 'played out' fields are only producing by Fracking operations....
yeah there's a mini-boom going on.... but at what long term cost ----your water wells ?
i was in the process of buying 'X-Timbers' around 10 years ago--- at $5 per share (a $500 dollar take)
but my Son needed a couple grand really quick, so i never sent the check to buy into the NYSE: XTO Dividend Reinvestment program---------------arrggh !
so all that explosion of jobs....is just a 6 month to 12 month phenonemna... the wide eyed workers will finf themselves high-&-dry but the bosses will only have excuses to console you with