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Is a Southwest Energy Boom Helping National Economic Growth?
Governing: An oil and gas bonanza in Southwestern states may be helping to drive the continuing national economic boom.
The nation’s 4.2 percent growth in GDP, estimated last month by the Bureau of Economic Analysis, is the highest quarterly growth since 2014. State estimates aren’t due until mid-November, but many experts see oil and natural gas drilling, driven by higher prices, as a leading reason.
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