Andrews Listed Top 10 On CNN Money's Fastest Growing Boomtowns
1-year growth*: 4.6%
Oil companies have been drilling successfully for crude in the Andrews area for more than 80 years. However, rising oil prices have caused a recent spike in production.
And, with advances in drilling techniques, oilmen have also been able to tap reserves in West Texas’s Permian Basin that they couldn’t economically exploit in the past. Now the oilfields produce 20% more oil than three years ago.
Published By Les Christie @CNNMoney – Last updated March 19 2013 05:58 AM ET
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