Two bits of fracking related news that tax payers are footing the bill and fracking risk.
Note I have selected quotes, boldfaced for emphasis, and inserted my comments in the parenthesis.
Controversial TxDOT paved-to-gravel road program scrapped
“When some paved roads were damaged by high truck traffic due to the oil and gas boom …(TxDOT) began converting some of those roads to gravel surfaces. … last year it announced plans to convert 83 miles of paved road in South and West Texas to gravel. TxDOT said it did not have the funds to repair the roads.
… (recently) announced that it has ended the (criticized) program…. TxDOT officials also asked for $402 million in additional funding from the state highway fund through the remainder of the current fiscal year. Plans are to split that funding between key safety projects throughout the state and road repairs on roadways damaged by the drilling boom.
(Speaker) Straus said in a mailout that with additional funding, TxDOT will be able to be pro-active and prioritize maintenance on these roads before they become a safety issue and before repairs are too costly…”
|Seguin OKs $1.4M plan to renovate hotel to house oil field workers
“Seguin City Council members recently approved a 10-year tax abatement to developers of the Park Plaza Hotel to renovate the hotel built in 1917 into residential units to serve oil field workers needed in the Eagle Ford Shale region…“
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