Leadership Thought Series

Oil and Gas Fuel Gulf Coast Construction

Thought Leader SeriesIf you read the headlines, it’s hard to miss the fact that oil prices have dropped. It’s not hard to comprehend the ensuing ripple effect, including a 40 percent drop in upstream activity (oilfield exploration and drilling) and a growing worry among commercial real estate experts about recession-like corporate downsizing, a wave of layoffs and rising office vacancies in energy-rich cities such as Houston.

Fortunately, there is more to this story. Read More