Tag Archives for " oil boom towns "

Could oil boom towns be worse off, economically, in the long run?

Petroleum geologist, James K. Munn, who is in his 80s, has long believed that Escalante in southern Utah could become an oil boom town. He’s now seeking permission from landowners to perform seismic testing in an 18-square-mile area of the Escalante Valley. Escalante once revolved around livestock economically, but increasingly depends upon outdoor tourism attracted […]