GREAT AGAIN: In This Oil Boom Town, Even a Barber Can Make $180,000.

via WSJ:

“Driven by shale drilling, a gusher of crude production has transformed the Permian Basin into America’s hottest oilfield, turning what was a remote stretch of towns spread among mesquite trees and scrubland into an industrial zone, seemingly overnight. . . . Mr. McGarity’s barbers are raking it in. Those who venture to Pecos can make anywhere from $130,000 to $180,000 per year, he said. He is considering investing in additional trailers to send to farther-flung towns in the oil patch and says the additional revenue may allow him to retire soon. If there’s a bust, he’ll just store the mobile shops until things come back, he adds.”

We are primarily funded by readers. Please subscribe and donate to support us!

 

h/t GR

Views:

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.