Wednesday, August 10, 2011

Se Salen

Cotulla hits a gusher

Oil boom means high prices for places to live

By VALERIE GODINES FITZGERALD
Laredo Morning Times
Published: Wednesday, August 10, 2011 2:16 AM CDT
COTULLA – Times are good for Dora Vasquez.
In January, she had seven apartments built above her bright green and yellow store in the town that is experiencing a major oil boom.
The going rate for one of those one-bedroom apartments: $1,200 a month.
Who exactly is setting the price for apartments in Cotulla, oil speculators?  I understand that the area has seen a major influx of activity recently but this is Cotulla we're talking about.  You know what's the best thing to do while in Cotulla?  Get the hell out of there!  (thank you Dave Attel).

Now I have nothing against Cotulla.  When my wife and I stop there to switch seats (on our way to San Antonio), we don't get hassled at all.  In return, we make sure not to wake the sleeping crickets.  But apparently things are different now; just don't tell that to the mother who plays musical chairs with her daughter in a dirt lot.  She entertains herself and her daughter while her husband is off working in the field.

Everybody is trying to cash in on the oil and gas boom found in the area.  I'm just surprised that price gouging would occur even in a hole in the ground.

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