Over a dozen top US energy firms have agreed to devote $100 million towards much needed improvements in West Texas and New Mexico, in order to help the regions cope with shortfalls in health care, education and civic infrastructure in the wake of the shale oil and gas boom, the group said on Sunday.In the first oil boom from 1910-1920, oil companies built and supported towns and cities and schools and recreational facilities. Conoco built Ponca, Phillips built Bartlesville and Tulsa, Champlin built Enid. Social Economics was already established by then, beginning with NCR in Dayton and Weston in Massachusetts and Ford in Detroit. The current oil boom started after Social Economics was killed by Share Value. Companies no longer feel an obligation to pay employees or keep employees alive, let alone build communities for employees. Employees are Negative Externalities EXTERMINATE EXTERMINATE EXTERMINATE. Boom towns have developed without any planning or support from the company or the state. So this consortium is truly breaking away from modern Satanic economics and turning back toward Natural Law economics.
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