My point is not that oil fails to generate revenue. Clearly it is a lucrative business. Instead, my claim is that the state economy was remarkably robust, productive, healthy, and well-optimized for middle class quality of life pre-2007.
Does it sound surprising to you that it was perfectly normal to rent a perfect acceptable two bedroom apartment in a safe town on the interstate for $300 a month and still easily find dignified, decent paying jobs without 1000 applications?
I've lived in many cities and work in tech now, and I can confidently say that, as it concerns the professions and jobs that unambiguously sustain and improve life, no community on the planet was more productive than my home state. There is more to the story than some shale.
"Studies underscore cocaine's significant impact on Colombia's economy"
Snort another line while you're at it.