Texas bet big on petrochemicals over the last 15 years. But new projects haven’t delivered on promises of job growth. Carving out tax breaks for petrochemical plants & other capital-intensive projects rarely translates into local economic growth: ow.ly/wTNf50ZUcx1
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Texas petrochemical expansion lacks rewards for host cities
September 3, 2026 (IEEFA) – Petrochemical host cities across Texas were expecting economic booms but are instead experiencing blight, health issues, and devalued property. According to the latest Institute for Energy Economics and Financial Analysis (IEEFA) report, promised jobs and economic prosperity have failed to materialize in correlation with the wave of petrochemical expansion the industry has experienced over the last 15 years.