Economic Development Futures Journal

Thursday, June 03, 2004

counter statistics

Houston's Role as Energy Hub

Over the past couple decades, Houston has grown its role as a national and global energy hub. That role is expanding even further, according to a recent news article. The article talked about how New Orleans-based Tulane University just set up an MBA Program in Houston to attract more energy industry managers into its program. To advance, this was a smart move for Tulane. It probably does not make Houston unversities turn cartwheels though.

Houston's role as an energy center is hard to overstate. According to the U.S. Department of Labor's Bureau of Labor Statistics, approximately 63,400 Houston workers were employed in the mining industry in 2003. These included workers in the oil and gas extraction sector, as well as employees involved in supporting the exploration and production business. New Orleans, by contrast, had just 9,200 workers employed in the field.

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