Business
TAYO: Texas Oil & Gas Employment Now Exceeds 300,000
TAYO: Texas Oil & Gas Employment Now Exceeds 300,000.
About this update from Taylor Consulting, Inc.
[{"type":"text","content":"\n \n As Taylor Consulting, Inc. (OTCBB:TAYO) builds an asset portfolio \n designed to capitalize on the ongoing West Texas oil boom, new state \n employment figures reveal why. The number of Texans working for oil and \n gas companies surpassed 300,000 this summer as the industry continues to \n expand, according to the Texas Petro Index.\n \n \n The 302,700 workers now estimated to work for services and exploration \n and production constitute the largest employment numbers since the Index \n began tracking them in 1995. Texas’ oil production totaled an estimated \n 93.65 million barrels in July, the most recent number available. It’s a \n rise of more than 20 percent over the previous July’s total.\n \n \n “It’s no secret what’s causing the population boom in West Texas,” said \n TAYO CEO Scott Wheeler. “It’s the explosion in oil and gas jobs. The \n same oil and gas activities that are driving population and job growth \n are driving increasingly strong demand for real estate in the region.”\n \n \n TAYO is working to supply that demand by buying up distressed assets in \n the region able to suit a wide variety of commercial or residential \n needs. Recently, the company completed a 64-lot bulk real estate \n purchase in the Abilene-Odessa corridor.\n \n \n TAYO recently created a real estate division, Third Avenue Development, \n LLC, to invest in promising real estate assets to compete alongside \n American Homes 4 Rent (NYSE: AMH), Silver Bay Realty Trust Corp. (NYSE: \n SBY), Equity Residential (NYSE: EQR) and Essex Property Trust Inc. \n (NYSE: ESS) and more.\n \n \n For more information on Third Avenue Development, please visit www.thirdavenuedevelopment.com.\n \n \n About Third Avenue Development, LLC.\n \n \n A division of Taylor Consulting, Inc. (TAYO), Third Avenue Development, \n LLC, is building a competitive portfolio of real estate assets in \n emerging oil and gas regions. The company is focused on acquiring and \n developing properties in the country's top-performing markets in order \n to capitalize on rising demand for housing and related infrastructure \n services.\n \n \n Notice Regarding Forward-Looking Statements\n \n \n Safe Harbor Statement under the Private Securities Litigation Reform Act \n of 1995: This news release contains forward-looki...