to view Economic Impact presentation by Thomas Tunstall, PhD.

Research Director: Thomas Tunstall, PhD
Lead investigator: Javier Oyakawa, M.A., MSc.
GIS specialist: Hisham Eid
Researchers: Hector Torres; Ricardo Avalos; Jason Hernandez; Binbin Wang; John Rodriguez;
Neeraj Ravi; Feihua Teng; Stanislav Kuzmenko; and Christina Valerino
Thomas Tunstall, Ph.D., Research Director
Institute for Economic Development
The University of Texas at San Antonio
[email protected]
 Civil and Environmental Engineering, and
Geology
 Water Institute of Texas
 Interactive Technology Experience Center (K-12 STEM)
 Texas Sustainable Energy Research Institute (Energy-Water Nexus)
 Mechanical Engineering
 Computational Hydraulic Fracturing Simulation Modeling
 Oil and Gas Certificate Program for Engineers
 College of Public Policy
 Municipal Capacity Building Workshops
 State of Texas Demographer’s Office
 College of Architecture
 Center for Urban and Regional Planning
 Institute for Economic Development




Small Business Development Centers
Rural Business Program
Eagle Ford Shale Community Development Program
Center for Community and Business Research
 Eagle Ford Shale Community Development Program
(14 Counties in South Texas)
 Small Business Development Centers - SBDC (79 Counties in South Texas)
 Rural Business Program (79 Counties in South Texas)
 Procurement Technical Assistance Center (Texas)
 Veteran’s Assistance Center (Texas)
 Southwest Trade Adjustment Assistance Center (TX, OK, LA)
 SBDC National Information Clearinghouse (National)
 Minority Business Center (National)
 Community and Business Research (National, Int’l)
 International Trade Center (Mexico, Central/South America, Caribbean, North
Africa)
Research at the Institute focuses on research projects that help business and
policymakers plan for a dynamic future:
 Economic Impact Studies
 Community Development Studies (I-35, SH 130)
 EB-5 Immigrant Investor Regional Center Impact Studies
 Analysis on Various Topics:






West Texas, Eagle Ford Shale
San Antonio Missions
South Texas Medical Center
University of Texas System
Targeted Industry Recruitment / Workforce Analysis
Repurposing of Military Bases for Commercial Use
As the Research Arm of UTSA’s Institute for Economic
Development we are dedicated to serving:






Economic development corporations
City, state and federal governments
Workforce development boards
Businesses
Associations
Other community stakeholders
- Yogi Berra
• California: 9 Tier 1 Universities
(Population 38 Million)
• New York: 7 Tier 1 Universities
(Population 19 Million)
• Texas: Only 3 Tier 1 Universities
(Population 26 Million)
Crude Oil U.S. Imports from OPEC Countries (000 Barrels)
200000
180000
160000
140000
120000
100000
80000
60000
40000
20000
0
1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
4500
4145
4000
3500
2983
2826
3000
2500
2000
Permits
Completions
1649
1500
1010
1000
500
26
94
0
2008
2009
2010
2011
2012
Forecast: 214 Bcf
515 Bcf – Full Year
• Over $61 billion in economic output (up from $25B in 2011)
• Over 116,000 full-time jobs supported (up from 47,097 in 2011)
• Nearly $4.7 billion in salaries and benefits paid to workers (up from
$3.1B in 2011)
• Over $28 billion in gross regional product (up from $12.63B in 2011)
• Over $1.2 billion in state revenues (up from $358 million in 2011)
• Over $1 billion in local government revenues (up from $257 million in
2011)
• More than $89 billion in total economic output
• 127,919 full-time jobs supported
• $6.5 billion in salaries and benefits paid
• $42.0 billion in gross regional product
• $2.2 billion in state revenues
• $2.1 billion in local government revenues
• Phase I – Adjacent Counties
– Brown, Coke, Coleman, Runnels, Taylor and Tom Green
– Includes key population centers
• Phase II – Producing Counties
– Fisher, Glasscock, Howard, Irion, Martin, Mitchell, Nolan,
Reagan, Scurry and Sterling)
– Will analyze exploration, drilling and operational costs;
landowner payments; midstream development costs
• Develop baseline case for information on production,
drilling and related activities
• Analysis of construction, well operations, activity forecasts,
employment projections, etc.
• Estimated tax impacts
• Provide economic impact estimates at the county level
Robert Metcalfe, inventor of Ethernet,
in InfoWorld magazine,
December 1995.
Microsoft CEO
Steve Ballmer,
2007
• Nearly $14.5 billion dollars in economic output
• 21,450 full-time jobs supported
• $1 billion in salaries and benefits paid to workers
• $6.2 billion in gross regional product (value added)
• $472 million in state revenues, including $187.4 million in
severance taxes
• $447 million in local government revenues
• $20.5 billion dollars in economic output
– Low estimate of $7.5 billion
– High estimate of $34.2 billion
• 30,540 full-time jobs supported
• $1.8 billion in salaries and benefits paid to workers
• $9.4 billion in gross regional product (value added)
• $701 million in state revenues, including $ 334.0 million in
severance taxes; $664 million in local government
revenues
• $2.5 billion Total drilling and completion
economic output
• 6,597 full-time jobs supported
• $936 million in gross regional product impact
(value added)
• $357 million in salaries and benefits paid to
workers
• 4,806 new oil and gas wells are projected
to be drilled between 2013 to 2022 in the
moderate scenario
– Low estimate of 3,455
– High estimate of 5,711
• Gas production: 244.7 Bcf/year in 2022
• Oil production: 112.4 million bbls in 2022
• New exploration, drilling and operational economic
impact
• Related midstream development (pipeline and
storage) impact
• Results of rulemaking process
• Infrastructure issues
• Security issues
• Workforce needs
• Doing business with PEMEX
• Medium and Long-Term Planning, Particularly Land-Use and Capital
Outlays
• Revenue and Investment Strategies: Dedicating Funds for Public
Use Early (see Public Amenities , Quality of Life)
• Community Involvement and Engaged Citizens
• Strong Institutional Management and Fiscal Discipline
• Development of a Skilled Workforce
• Commitment to Ongoing Education, Working Smarter, Learning from
Past Mistakes
• Look for Opportunities to Diversify the Local Economy (Destination
Locations)
• Rediscover Your Community’s History and Architecture as a Tool for
Economic Development (Why was the City Founded in the First Place?)
• Seize the Opportunity to Implement Form-Based Zoning That
Emphasizes Mixed-Use, Flexibility, Livability and Sustainability
• Forge Linkages, Alliances and Engage Other EFS Communities, Higher
Education Institutions
• Identify Best Practices from Other Shale Plays
• Work with Elected Representatives at the Municipal, County, State and
National Levels on Infrastructure Planning

Better Roadways

Improved Medical Facilities

Broadband Networks

More Housing Options

Adequate Water and Power Supply, Improved Waste Management

Better Quality K-12 and Vocational Education

Improved Aesthetics, Elimination of Blight, Land Recycling (Bulldozing Derelict
Houses, Cleaning Up Junkyards; Renovation and/or Repurposing of Historical Buildings)

Branding: Identity, Gateways

Livability: Public Amenities that Improve the Desirability of the Community
and Quality of Life (Lakes, Parks, Hike/Bike Trails, Walk-able Neighborhoods)
Research Director: Thomas Tunstall, PhD
Lead Investigator: Javier Oyakawa, M.A., MSc.
GIS specialist: Hisham Eid
Researchers: Hector Torres; Ricardo Avalos; Jason Hernandez; Binbin Wang; John Rodriguez; Neeraj Ravi;
Feihua Teng; Stanislav Kuzmenko; and Christina Valerino
Thomas Tunstall, Ph.D.
Research Director
Institute for Economic Development
University of Texas at San Antonio
[email protected]