Developer Ross Perot Jr. thinks North Texas will withstand any economic downturn as well as anywhere–not least because of all the trickle-down wealth being created by the Barnett Shale natural-gas field. Shopping at Cabela’s the other day, the Hillwood honcho told a Dallas real estate crowd this morning, he was buttonholed by one of the store’s employees. “Ross,” the Cabela’s guy told him, “there’s a staggering number of ranchers walking in here with wads of hundred-dollar bills.” The upshot, Perot says: The west side of Fort Worth is filled these days with cash-flush folks buying new pickups–and new guns.
Ya think it’s the Barton Shale??? Nothing else goin on!!