With Utah oil production at an all-time high, the Uinta Basin is enjoying another boom economy. How long will it last?
recently started requiring international shipping vessels to move to low-sulfur fuels, which has helped drive demand for the waxy crude.
While sales taxes have taken that huge leap in the last couple of years, Hansen said it hasn’t translated to new stores and restaurants. “We are seeing our Amazon sales going up. If you talk to your big chains, they’re not expanding locations at this point.” Holst said the USEER employment figures only include the direct employment by oil and gas companies, which ignores the multiplier effect from other businesses that support the industry, meaning everything from the trucking companies to the restaurants.
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