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Home > Analysis and Commentary, Business, Economy, Factory-Built Homes, Manufactured Housing Industry, News Item > Oil and Manufactured Housing, 3 Charts Spotlight Facts, Trends, What, and Where Hot Spots Are

Oil and Manufactured Housing, 3 Charts Spotlight Facts, Trends, What, and Where Hot Spots Are

January 18th, 2018

oilwelldrillingpixabaymanufacturedhousingdailybusinessnewsmhpronewsAnalysts and publicly-trade manufactured housing companies widely agree that growing job creation is a good thing for home sellers.

Sources also agree that when energy costs are lower, that tends to be good for manufacturing and business.

When consumers pay less for energy, they have more disposable income for other things; including housing.

So a recent report that U.S. shale oil output is surging could be yet another indicator of better times ahead in America.

 

 

 

 

mod mancamp williston nd associated press credit

Modular man-camp. near Williston, ND,. AP.

The three charts below sum it up, for where the hot-spots are.

ShaleProductionVsTotalOilProductionChart2018DailyBusinessNewsMHproNews

Per CNBC,

  • U.S. shale oil production will grow by 111,000 barrels a day to 6.55 million barrels a day in February, the U.S. Energy Information Administration forecast.
  • Output from the Permian Basin in Texas and New Mexico is seen rising by 76,000 barrels a day.
  • Growth from shale oil regions is driving a recovery in U.S. oil production.

AmericasShaleBasinProductionChart2018DailyBusinessNewsMHproNews

While energy, particularly oil, has often contributed to booms-and-busts for manufactured housing in a given area, as the shale technology evolves, the “plays” tend to be longer.

MAPLocationsAmericasShaleBasin2018DailyBusinessNewsMHproNews

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(Third party images are provided under fair use guidelines.)

Soheyla, Tamas L. A. "Tony" Kovach family

Soheyla Kovach, with her son Tamas (center, pronounced “Tah Mash) and husband L. A. “Tony” Kovach, will all be at the 2018 Louisville Show. For a third party profile of the family and business, click here.

Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.

 

 


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