Comment of the Day: Sizing Up Houston’s Refinery Boom

COMMENT OF THE DAY: SIZING UP HOUSTON’S REFINERY BOOM Refineries” . . . The total investment ongoing in the Petrochemical complex is about $50 billion. 1000 Main sold in 2014 (after the crash was underway) for $0.5 billion. There are about 50 skyscrapers in downtown. Therefore, with the investment ongoing in the Petro complex, we could rebuild downtown Houston twice with only our classiest of class A skyscrapers.” [awp, commenting on A Tale of 2 Houstons During the Oil Bust; Inside 500 Crawford] Illustration: Lulu

5 Comment