Alice, TX is just the latest town in a series of many that are reporting on the oil boom in South Texas. The Eagle Ford Shale has filled hotels for what will likely be many years to come. Sales tax revenue is up almost across the board and the great thing is activity should continue to grow over the coming months. If oil prices hold, this is the beginning of long-term oil and gas development.
"Alice has its hotels booked, stores expanding and businesses hiring."
"Those are the benefits of being swept up in the economic flood that is Eagle Ford shale production, City Manager Ray De Los Santos Jr. said."
" 'It's not tourism, it's industry that's keeping those hotels filled and those restaurants full,' De Los Santos said."
"Workers spending extra cash on lodging, eating and shopping has Alice's sales tax revenues up 43 percent for the year."