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8 September 2010
Unversity of Texas Oil Production and Land Degradation
Image: Texon Oilfield west of Big Lake, TX. NAIP air photo, 2005. There’s more to extracting oil than drilling a neat hole in the ground. An Austin American-Statesman article by Ralph Haurwitz, makes clear the tremendous wealth the University of Texas has aquired from oil extracted from its property, as well as the substantial land cost of that business. Since drilling began in 1921, 2.1 million acres of University of …