Rural Development Update: The Role of Rural Rebekka Dudensing, PhD Community Economic Development Food, water, & energy for 9 billion people by 2050. http://grandchallenges.tamu.edu/home/ The Role of Rural in Global Challenges 47% rural, ~45% farmers 19% rural, 2% farmers The Role of Rural in the Texas GDP 8.3% food & fiber 15.3% mining & utilities Texas Agriculture 40,000,000.00 35,000,000.00 30,000,000.00 25,000,000.00 ALL CROPS TOTAL 20,000,000.00 ALL LIVESTOCK TOTAL 15,000,000.00 ALL AG CASH VALUE REAL ALL AG CASH VALUE 10,000,000.00 5,000,000.00 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 0.00 Texas Oil and Gas 60,000 50,000 40,000 30,000 20,000 10,000 0 1960 1970 1976 1978 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 Permits Issued Total Wells Completed 1935 1937 1939 1941 1943 1945 1947 1949 1951 1953 1955 1957 1959 1961 1963 1965 1967 1969 1971 1973 1975 1977 1979 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 Texas Oil and Gas 1,400,000 1,200,000 1,000,000 800,000 600,000 400,000 200,000 0 Crude Oil Production (in thousands of barrels (Mbbl) Number of Producing Wells Texas Oil and Gas Shale Manufacturing 2008-2012 140.00% 120.00% 100.00% Manufacturing Employment 80.00% 60.00% Manufacturing Establishments 40.00% 20.00% 0.00% -20.00% -40.00% Shale Non-Shale Core Non-Core Texas Oil and Gas Shale Employment 2008-2012 70.00% 60.00% 50.00% 40.00% Metropolitan 30.00% 20.00% Micropolitan 10.00% Rural 0.00% -10.00% Shale % Shales Employment Core Counties w % Core Growth Employment Job Losses Counties w Growth Job Losses Texas Oil and Gas 50,000,000,000 45,000,000,000 40,000,000,000 Gross Sales, $ 35,000,000,000 30,000,000,000 Eagle Ford 25,000,000,000 Metro 20,000,000,000 Micro Rural 15,000,000,000 10,000,000,000 5,000,000,000 0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Rural Economic Outcomes Gross Sales by City in Four Eagle Ford Counties 600000000 500000000 Nordheim 307 Runge 1080 Gross Sales ($) 400000000 Falls City 591 Goliad 1975 Yorktown 2092 300000000 Karnes City 3042 Yoakum 5815 200000000 Kenedy 3296 Cuero 6841 100000000 Beeville 12863 0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Drilling Permits January-July, 2014 Based on data from Texas Railroad Commission. Population Growth 2000-2010 Based on Census data. Grand Challenges in Texas Food • Access • Affordability • Choices Water Energy • Quantity • Quality • Economic/fiscal • Environmental • Availability The Role of Rural in Texas Challenges Education, water, & energy for an older, more diverse, poorer(?) 55M people. The Role of Rural • • • • Rural had better be at the table. Planning for the future Regional planning Rural-urban collaboration The Role of Rural Thank you. Rebekka Dudensing, PhD Extension Economist – Community Economic Development Department of Agricultural Economics Tel. 979.845.1719 rmdudensing@tamu.edu http://ruralcommunities.tamu.edu Texas Oil and Gas 1,200,000,000.00 1,000,000,000.00 DeWitt, TX 800,000,000.00 Dimmit, TX Duval, TX 600,000,000.00 Karnes, TX Bee, TX 400,000,000.00 Maverick, TX 200,000,000.00 0.00 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Cultivating Community Wealth