Texas mineral resources: problems and predictions
When a reference is made to the mineral resources of Texas, most people think of oil and gas, and some few also of sulfur. And, of course, it is true that of the whopping $4.4 billion dollars' worth of minerals produced in Texas in 1963, 92% was oil, gas, and natural gas liquids. In 1963, for the 29th year, Texas led the Nation as a producer of minerals. Value of mineral products was twice the value of agricultural products, equal to the value of manufactured products, and equal to about one-half the value of all retail trade. It is clear that the State has a mineral-oriented economy; it is true also that the mineral industry is distributed broadly throughout the State and not concentrated in several giant oil fields or very large mines--241 of 254 counties reported mineral production in 1963. But in addition to oil and gas, Texas produced 22 other minerals last year valued at $361.7 million dollars. There are indeed many States which would happily settle for this 8 percent of Texas' mineral production. Significantly, this is the segment of Texas' mineral industry growing most rapidly, and it is the segment that will continue to grow.