I live in this neck of the woods, Midland is 30 minutes away and I often am in town to work or play. On the one hand, I'm kinda glad that the oil is there, those are big numbers especially considering that the price per barrel is half of what is was two years ago. It will definitely boost the local economy. On the other, we are just now starting to see the area begin to settle down from the influx of workers who came to the area for jobs. When oil is booming crime goes up, housing costs go up, and traffic gets dangerous. Not to mention all the water that gets wasted from fracking. Water restrictions were just lifted but the area cannot support more people for long. Groundwater is being contaminated and soon what little above ground water sources we have will run dry if the area continues to see growth, add to this the fact that the shale formations will need to be broken up (by fracking) to access the crude and it looks like even more water will be used, as well as increase the possibilities of sinkholes and seismic activity throughout the entire basin. This is not going to be enjoyable for the locals.