"We" crossed that milestone some years ago. Just saying. And production is and has been constrained by any number of factors:
- US glut of light oil; US refineries don't need more light oil
- price volatility
- takeaway capacity
- competition from other shale plays (operators in multiple plays move focus from one play to another)
- flaring issues
- asset management
*********************************
Starbucks
I have been working from a new Starbucks in the area. It is much closer to home. Unfortunately it has become almost too crowded by the time I get there.
Having said that, I am completely blown away by all the retail construction occurring in this new Texas-style mall. The mall is in the southwest corner of Grapevine, directly west of the DFW airport, along the busiest and main thoroughfare from Ft Worth - south entrance of DFW -- through Grapevine -- north entrance of DFW -- Plano.
There are dozens of new stores, any of which would be anchor stores elsewhere. But instead of two or three "anchor-like" stores, there are at least a dozen. Two years ago there was nothing here except a Target store on the far northeast corner.
A year ago, I would have said that the "mall" was pretty much complete. Wow, was I wrong. I think it's doubled in size since phase 1, as it were, and it looks like this is only phase 2 of a three- or four-phase project. Unless I missed it earlier this year, it looks like Pei Wei is the newest addition. Upscale restaurants throughout the complex.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.