Sweetwater Reporter (Sweetwater, Tex.), Vol. 112, No. 3, Ed. 1 Monday, November 16, 2009 Page: 3 of 10
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Sweetwater Reporter
Monday, November 16, 2009 ■ Page 3
Slide of Texas oil and gas economy could
be easing, but dire indicators persist
HOUSTON—The devastating economic contraction that
has sapped more than $45 billion from the Texas oil and
gas industry in the past year might be starting to ease up,
according to the latest Texas Petro Index (TPI). But the
Texas E&P economy remains in dire circumstances, despite
a modest rebound in drilling activity and a surprising sign
that the decline of oil and gas employment in Texas might
be bottoming out.
“The Texas Workforce Commission’s seasonally adjust-
ed oil and gas upstream employment estimate indicates
oil and gas employment in Texas actually increased in
September," said petroleum economist Karr Ingham, who
created the TPI for the Texas Alliance of Energy Producers.
“The month-to-month increase from August to September
suggests the worst of the job losses in the oil and gas indus-
try may be in the past. That development, along with the
noticeable uptick in drilling rig activity, may offer early evi-
dence of the beginning of the end of the current downward
slide in exploration and production activity in Texas.”
Despite the moderately positive rig count and employ-
ment news, Ingham said other indicators of the health of
the state's oil and gas exploration and production economy
continue to languish.
A composite index based upon a comprehensive group
of upstream economic indicators, the Texas Petro Index
in September declined to 198.6, more than 30 percent less
than the peak of 285.4 achieved in September and October
of last year and the first time since December 2005 that the
TPI was less than 200.0.
Among leading indicators in September:
• Texas crude oil prices averaged $65.73 per barrel ($/
bbl), up from a low ebb of $35.87/1)6! in February. Low
wellhead prices cut the value of Texas crude oil produced
this year through September to about $15.8 billion, nearly
$17.3 billion less than during the first nine months of
2008.
• Although natural gas prices have rallied during October,
gas prices in Texas during September averaged just $2.65
per thousand cubic feet (/Mcf), the lowest monthly aver-
age of the year. As a result, the wellhead value of Texas-
produced natural gas this year through September totaled
only about $19.9 billion, down from more than $52.0 bil-
lion during the first nine months of 2008.
• The Baker Hughes count of active drilling rigs in Texas
averaged 380, up from 329 rigs in June but nearly 60 per-
cent fewer than during September 2008. Drilling activity
in Texas peaked in August 2008 at a monthly average of
958 rigs.
• The number ot Texans employed in the state’s oil and
gas industry at the end of September totaled 203,900,
following a seasonal adjustment by the Texas Workforce
Commission, compared to the revised August figure of
201,800. However, the 2,100 jobs gained in September
represent a statistically insignificant increase of about 1%
compared to August 2009 and are some 15 percent fewer
Home
Continued from page 1
“We are looking for
the deserving people and
inspiring families that
America can relate to,'
says Supervising Producer
Rebecca Shumsky. The
Extreme Makeover: Home
Edition producers are
looking for families whose
homes desperately need to
be rebuilt.
“We really want to help
families whose homes pres-
ent major problems for the
family, those big issues that
affect the family’s quality
of life on a daily basis. We
want to find deserving peo-
ple who just don’t have the
resources, ability, or time
to fix those serious issues
without our help,” Shumsky
said.
To be eligible, a family
must own their own single
family home and be able
to show producers how a
makeover will make a huge
difference in their lives.
Interested families should
e-mail a short descrip-
tion of their family story
to: ExtremeTexas(«gmail.
com. Nominations may be
submitted by the family or
by a member of their com-
munity. Each nomination
must include the names and
ages of every member of
the household along with
a description of the major
challenges within the home
Anyone submitting a nom-
ination should be sure to
explain why the nominated
family is deserving, heroic,
and/or a great role model
for their community. If pos-
sible, include a recent photo
of the family. All nomina-
tions must include a contact
phone number.
The deadline for nomina-
tions December 1st, 2009.
Don’t delay! For more infor-
mation on how to apply
please visit our website.
For more information on
how to apply please visit
the “Extreme Makeover"
our website at: http://abc.
go.com/primetime/xtreme-
home/index?pn=apply
Each episode of Extreme
Makeover: Home Edition is
self-contained and features
a race against time to com-
plete a project that would
ordinarily take at least four
months, involving a team ot
designers, contractors and
several hundred workers
who have just seven days
to totally rebuild an entire
property: every single room
of the house, plus the exte-
rior and landscaping.
The lives of the lucky
families are forever changed
when they learn that they
have been selected to have
their home walls moved,
their floors replaced and
even their facades radically
changed. The result should
be a decorator’s delight... if
it can be done in time.
than the 240,000 Texans working in the oil and gas indus-
try in December 2008.
Local residents have the option to hire
an expert to decorate their homes
For many local residents, the holiday season can be intim-
idating. There can be dreaded chores and lengthy to-do lists
that must be handled. The bottom line is that as great as
they can be, the holidays stress out even the most organized
of people. But, fortunately, there is a way to maintain your
sanity and even find time for many of the more enjoyable
holiday activities.
"It's our iob to take the bah-lnimbug' out of the holidays
for people/’ said Vic Valentine of Christmas Decor by Weed
Pro. "When we design and install holiday lights and decora-
tions for our clients, you can immediately see their stress
level drop."
Holiday stress tends to rise with over-commitments,
over-spending, over-eating, and over-indulging — all done
with the hopes of making everything perfect and memo-
rable. I lowever, as Valentine points out, by letting someone
else climb the ladder, negotiate the roof, handle the electri-
cal, and do the lighting and decorating, local residents can
achieve a happier and safer holiday season.
"There are two unspoken rules to hanging lights and
decorating. One, whenever you decide to put up the deco-
rations, the weather will turn bad. Two, 1! will likely take
longer than vou figured," said Valentine. "But, when you
recruit help for the lighting and decorating, you know it will
be done with attention to every detail. At Christmas Decor
by Weed Pro we are fully insured and expertly trained. We
proactively maintain the decorations all season and take
them down and store them for our clients."
From initial contact to design consultations, to instal-
lation and regular, proactive, drive-by maintenance and
finally take down, Christmas Decor bv Weed Pro delivers
on all aspects of a complete and thorough decorating job.
The company also utilizes a client satisfaction checklist that
sets high expectations for delivering in every aspect for its
client.
"One of the best compliments I received tame from a local
resident," said Valentine. "The client said that the best part
of using Christmas Decor is that the house looks festive,
there's no need to mess with tangled lights, and friends and
family think that the homeowner did it all on their own."
For more information on Christmas Decor by Weed Pro
and its services, please contact Vic Valentine at (325)692-
1266.
About Christmas Decor
Christmas Decor’s franchise system has more than 375
locations in 48 states and Canada. To find other locations
across the country , visit www.christmasdecor.net or contact
Jack Bush at (800) 687-9551.
Trade
Continued from page 1
Each episode begins with
team leaderTv Pennington’s
now-famous “Good morn-
ing!" wake-up call, when he
and bis design team surprise
the unsuspecting family
with news that their home
has been chosen to receive
a makeover. Viewers not
only witness the unbeliev-
able transformation of the
house, but during the final
and emotional reveal, they
see how the home makeover
has impacted the lives of the
deserving families.
The design team includes
team leader Ty Pennington,
with designers Paul DiMeo,
Paige Hemmis, Michael
Moloney, Ed Sanders,
Tracy Hutson, Eduardo Xol
and John Littlefield. New
designers for this season
will be Rib Hillis and Didi
Ayer.
About ABC TVs
Extreme Makeover:
Home Edition
Ext re me M a keo ver:
Home Edition, which hus
won back-to-back Emmy
Awards as liest Reality
Program (non-competi-
tive), is in its (dh season
on ABC. I'he program is
produced by Endeinol
USA. a division oj'Endeinol
Holding. Anthony Dominici
is the executive producer;
and David Goldberg is the
president of Endeinol USA.
spaces vary in size. There are 10 x 8 and 8x8 spaces, but
can be combined to fit anyone's space needs.
"So far we have Mexican pottery, iron works, T-shirts,
and numerous other items," Lopez said. "I'm not plac-
ing restrictions on what they can and can't sell. The only
thing we won't allow are guns and knives."
About 50 vendors have signed on for the first weekend
of Trade Days. Vendors will be allowed to leave their
items set up, instead of having to take them down at the
end of the Trade Days, if they so choose. According to
Lopez, most of the vendors are planning on keeping a
permanent booth.
"We are hoping to continue to draw enough people
and continue to grow," Lopez said.
On top of venders, there will also be an eating area set
up for people to sit and eat at or simply take a rest from
their shopping.
"This is planned as a family event that is going to be
fun," Lopez said. "We are wanting to give people some-
thing that gets them out and lets them have a good time.
They can laugh, talk and shop, at the same time."
To find out more information on booth space contact
Gilbert Lopez at the office 235-2227 or his cell phone
325-721-2874.
Aglow
401 E. 3rd
235-8666
Sweetwater
McCoy
Funeral Home
jrd 907 Br
Haaerman Auto Parts
1020 Main Street • Roscoe
[325)766-3995 or (325)766-3325
ROSCOE
STATE BANK
ROSCOE/SWEETWATER/BASTROP
lack in Die Box® spices up menu
with Southwest Chicken Bowl
With Thanksgiving just around the corner, dinner
plates across America will soon be piled high with tur-
key, potatoes and grandma’s green bean casserole. But
if you have a hankering now for a zestier blend of pro-
tein, carbohydrates and veggies, try the new Southwest
Chicken Bowl at Jack in the Box® restaurants, which is
available beginning Monday, Nov. 9 for a limited time.
The new Southwest Chicken Bowl is made with fajita-
seasoned chicken, rice, grilled onions and peppers, and
topped with shredded cheddar cheese and a tangy cilan-
tro lime sauce.
“Our Teriyaki Bowls have been popular alternatives
to our burgers and chicken sandwiches,” said Tammy
Bailey, division vice president of menu marketing and
promotions for Jack in the Box Inc. "With the addition
of the Southwest Chicken Bowl, we’re spicing up our
line of rice bowls with a flavorful combination of south-
of-the-border ingredients that delivers a filling meal at
a great value.”
Jack in the Box will offer the Southwest Chicken Bowl
for the suggested price of $4.29, plus tax, at participat-
ing restaurants.
Jack in the Box Inc. (NASDAQ: JACK), based in San
Diego, is a restaurant company that operates and fran-
chises Jack in the Box® restaurants, one of the nation’s
largest hamburger chains, with approximately 2,200
restaurants in 18 states. Additionally, through a wholly
owned subsidiary, the company operates and franchises
Qdoba Mexican Grill®, a leader in fast-casual dining,
with approximately 500 restaurants in 42 states and the
District of Columbia. For more information, visit www.
jackinthebox.com.
Legion raising
funds for
recovering heroes
The American Legion is renewing its fundraising
efforts for the holiday season to purchase comfort items
for troops recovering in U.S. military hospitals and
warrior transition units around the world through its
Operation Comfort Warriors campaign.
“The government does a good job of providing the
necessities,” said American Legion National Commander
Clarence E. Hill. “Through Operation Comfort Warriors
we have been able to provide items that usually don’t
appear in the budget, such as personal sweat suits,
I-Pods, DVDs, phone calling cards and other comfort
items. The American Legion is challenging its members
and friends to continue giving to those who have already
given us so much.”
The American Legion has already raised more than
$215,000 for Operation Comfort Warriors since its
inception last December. Upon taking office in August,
Commander Hill set a goal to raise an additional
$100,000 by year’s end. Donors can make online con-
tributions by visiting www.legion.org/ocw or by sending
a check to Operation Comfort Warriors, PO Box 1055,
Indianapolis, IN 46206. Administrative and promotion-
al costs for Operation Comfort Warriors are paid by The
American Legion, allowing too percent of the donations
to be spent directly on the troops.
“Some people think that expecting $100,000 during
an economic recession is too lofty a goal. I don’t, Hill
said. “Americans are generous and what better way is
there to show your holiday spirit than to remember
those who have served and are still serving?"
With a current membership of 2.5-million wartime
veterans, The American Legion was founded in 1919 on
the four pillars of a strong national security, veterans
affairs, Americanism, and youth programs. Legionnaires
work for the betterment of their communities through
more than 14,000 posts across the nation.
907 Broadway
766-3452
Roscoe
Continued from page 1
Sunday nights, prays with a team for Israel, encourages
people through the radio waves to praise and worship
Jesus Christ on Sunday mornings, through a program
called Living Praise on" KGNZ, and other opportunities
of ministry in salvation, healing and deliverance. His
desire is to be fully equipped and to see every follower
of Jesus equipped ana built up into the head, which is
Christ.
Praise and worship will be led by Alan and Noreen
Carson. Refreshments will be served. Every one is invit-
ed to attend.
For more information call 766-2245 or 338-8924. No
child care will be provided.
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CATERING
Moltev ifour 9ea$on 9ati<malJ
Maatlnp | Holiday Partlas | OITIca Partlaa | Gama Day
Member FDIC
204 SI Gaorfla St. • Swaatwatar.TX 7MS6 • T2V21S 5000
CONTACT GINA AT 125 2*2 5310
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Rodriguez, Tatiana. Sweetwater Reporter (Sweetwater, Tex.), Vol. 112, No. 3, Ed. 1 Monday, November 16, 2009, newspaper, November 16, 2009; Sweetwater, Texas. (https://texashistory.unt.edu/ark:/67531/metapth559995/m1/3/: accessed July 6, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Sweetwater/Nolan County City-County Library.