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Energy Industry Means Good Economy in Houston
Monday, February 4, 2013    
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More companies are moving here, creating more jobs

The future's so bright; the Houston energy sector has got to wear shades. Oil and gas companies will expand this year and that means more jobs in Houston.

 

Energy industry attorney J. Wayne Bellew sums it up this way.

 

"I think we're looking at a very good year."

 

Bellew says lots of companies are moving to Houston to enjoy a more business friendly climate.

 

"I think we're continuing to see a consolidation of companies moving all of their offices here or the hub of their offices here and other foreign companies opening offices here."

 

Bellew says it's not all peaches and cream. The Obama administration remains hostile to oil and gas. But he's confident regulations won't strangle the industry this year.