Oil Bust

Oil Rigs

Just What the Planet Needs: More Oil Production

A surge of oil from four countries—Norway, Guyana, Canada and Brazil—will more than compensate for slowing growth of U.S. oil production. The new sources might cause oil prices to dip to $50 a barrel and slow the transition to electric vehicles.

November 6, 2019 - The New York Times

Houston Texas

Houston Commercial Vacancies Outpace All Large U.S. Cities

Commercial vacancies have "ballooned" in Houston, according to the Houston Chronicle, as the energy slump takes hold of the real estate market. The last time vacancies were this high: the oil bust of the 1980s.

August 8, 2017 - Houston Chronicle

Houston, Construction

Vacancies Define the Houston Office Market in 2016

Industries over leased and developers over built. The city of Houston's office market has gone from boom to bust in only a few years.

November 9, 2016 - The Wall Street Journal

Fred Hartman Bridge

Development Still Going Strong in Baytown During Houston's Oil Downturn

The city of Baytown, located just east of Houston, is the location of several bright spots for the regional economy.

July 12, 2016 - Houston Chronicle

Houston, Construction

Oil Bust: Houston's Housing Surplus is Driving Rents Down

With a multitude of new high-end apartment complexes coming online, Houston residents are reaping the rewards of lowered rents as landlords struggle to fill vacancies due to a slowing oil economy.

February 18, 2016 - Houston Chronicle

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Urban Design for Planners 1: Software Tools

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