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View Poll Results: Will Houston become the next Detroit should oil & gas become obsolete?
Yes, Houston will become another Detroit. 13 21.67%
No, Houston is too diverse and will continue to do well. 31 51.67%
The effect will be minor, but won't turn Houston into Detroit. 16 26.67%
Voters: 60. You may not vote on this poll

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Old 09-06-2013, 02:10 PM
 
Location: Somewhere extremely awesome
3,130 posts, read 3,073,047 times
Reputation: 2472

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Quote:
Originally Posted by ColdAilment View Post
The only place Detroit does rank higher than in would be the Delta towns in Mississippi.
Detroit is not last in cost of living.
Detroit is not last in traffic.
Detroit is not last in residents understanding the history of their city.
Detroit is not last in library resources.
Detroit is not last in cultural activities.
Detroit is not last in the quality of universities in its city limits. (FYI: If San Francisco, the dream city on CD, can claim Stanford and Berkley, then Detroit can claim Univ of Michigan.)

The list goes on and on.

 
Old 09-06-2013, 04:28 PM
 
213 posts, read 388,400 times
Reputation: 310
This is a somewhat funny and broad thread. People need to research the energy industry and understand what it really is. It is multifaceted and diverse. Energy is a very complex industry that includes everything from production, finance, research, legal, exploration, refining, and IT.

Houston is first and foremost business friendly. Houston isn't a city that is dependent on complete government or unions. It is city that promotes entrepreneurship without restrictions. Houston is not only the energy capital, but it also one of largest ports in the world and with the widening of the panama canal will become larger with greater access to Asia.

Houston went through a massive recession in the 80s and overcame it not by the increase price of oil, but with the city becoming a harbor for immigrants wanting to live the American dream and start their own business. Houston is also a trading hub to Latin America. The market is different. The climate is different. The politics are different. The city demographics are different.

When and if green energy becomes profitable then you will see the current energy companies invest more into and buy up any start ups so they can transition themselves for continued profit and expansion.
 
Old 09-06-2013, 04:34 PM
 
Location: Victoria TX
42,554 posts, read 86,948,301 times
Reputation: 36644
Quote:
Originally Posted by knowledgeiskey View Post
Oil can't be outsourced.
You've nailed it. Right off the bat in post #2. Two minutes after the OP.
 
Old 09-06-2013, 06:24 PM
 
Location: Washington D.C. By way of Texas
20,515 posts, read 33,527,366 times
Reputation: 12147
Quote:
Originally Posted by PostOak5115 View Post
This is a somewhat funny and broad thread. People need to research the energy industry and understand what it really is. It is multifaceted and diverse. Energy is a very complex industry that includes everything from production, finance, research, legal, exploration, refining, and IT.

Houston is first and foremost business friendly. Houston isn't a city that is dependent on complete government or unions. It is city that promotes entrepreneurship without restrictions. Houston is not only the energy capital, but it also one of largest ports in the world and with the widening of the panama canal will become larger with greater access to Asia.

Houston went through a massive recession in the 80s and overcame it not by the increase price of oil, but with the city becoming a harbor for immigrants wanting to live the American dream and start their own business. Houston is also a trading hub to Latin America. The market is different. The climate is different. The politics are different. The city demographics are different.

When and if green energy becomes profitable then you will see the current energy companies invest more into and buy up any start ups so they can transition themselves for continued profit and expansion.
Which in turn means, Houston will be fine. Carry on folks.
 
Old 09-06-2013, 07:13 PM
 
Location: roaming gnome
12,384 posts, read 28,505,679 times
Reputation: 5884
Houston nor Chicago are the next Detroit...
 
Old 09-06-2013, 08:15 PM
 
13,351 posts, read 39,950,637 times
Reputation: 10790
It appears this thread is just a thinly veiled attempt to attack Houston and Detroit. Thread closed.
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