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    Wednesday

    Texas Economy Round-up

    1. Texas in the Spotlight> New article in The Economist highlights Texas' super growth .:. http://bit.ly/tWaM9
    2. Black Gold Winners> Texas, along with OK and AK, should rebound first say economists thanks to energy's strength .:. http://bit.ly/YbIsE
    3. More Good News> Brookings Study shows Texas metros are among the 20 strongest economies in nation .:. http://bit.ly/cvkCE
    4. Alamo City Economy> S.A. public companies right the ship .:. http://bit.ly/1M3cfq
    5. Focus for Foreign Investment> #AlamoCity lures investors, like Mexico-friendly culture and stable real estate values.:. http://bit.ly/Lg6ZX
    6. The One that Got Away> #AlamoCity losing AT&T's HQ really a good thing? Could be. .:. http://bit.ly/3lKnMs
    7. Texas T-Bone Rail Link> High-speed rail funding may bypass Texas.:. http://bit.ly/AAVB1
    8. "It doesn't hurt to ask"> Texas asks Federal gov to have common sense regarding high speed rail .:. http://bit.ly/3Qq0Nb
    9. Say What?> Growing cities, shrinking suburbs, not just Texas but nationally .:. http://bit.ly/XobNQ
    10. Census Data> Latest county-based data available .:. http://bit.ly/ZeymG
    11. Keep Austin Loud> ATX's music scene cited in article on downtowns and civic hubs.:. http://bit.ly/szZXH
    12. Derailing Rail Plans> RT @alanhuynh @cleancartalk: High-Speed Trains Cost Too Much To Be Worth Building -- Harvard Prof http://bit.ly/TnpMi
    13. Neck and Neck> Dallas and Houston tie for 9th place on Inc. 500 top metro area list .:. http://bit.ly/S5alb

    Megapolitan Round-up

    1. Megapolitan America> Where the next 100 million people will live .:. http://bit.ly/cyn9V
    2. 22nd Century America> U.S. home to 600 million by 2109, says Metropolitan Institute; South and West will boom.:. http://bit.ly/FCWM4
    3. Population Boom> U.S. 3rd most populous country; by 2050, 439 million people will live here .:. http://bit.ly/XSpPb
    4. Arcologies for Innovation> Nations invest big in research & tech parks to attract corporations .:. http://bit.ly/1oTWPu
    5. Ur-Mega> Dallas-Fort Worth Metroplex is a harbinger of things to come; Austin and San Antonio best watch out .:. http://bit.ly/1CQ2OL

    Friday

    Texas Triangle highlighted in Federal study

    Academic research not just "academic" when it comes to long-range planning

    The Federal Highway Administration commissioned a survey of literature related to planning on a regional and mega-regional basis. The extensive 103-page document highlights the handful of mega regions identified by regional planners and academics.

    1. Piedmont Atlantic Megaregion
    2. Northeast Megaregion
    3. Northern California Megaregion
    4. Southern California Megaregion
    5. Great Lakes Megaregion
    6. Texas Triangle
    7. Southern Florida Megaregion
    8. Gulf Coast Megaregion
    9. Cascadia
    10. Arizona Sun Corridor
    Interestingly, Houston is one of the few metro areas to belong to two different mega regions: the Texas Triangle and the Gulf Coast. While certainly Houston is connected to the Gulf Coast because of the oil and gas industry, I would argue other ties are much more tenuous than compared to the strong bonds connecting H-town to the Texas Triangle.

    This would all be academic apart from the fact that plans for high speed rail are being bandied about, and, as mentioned before (see "Mind the Gap"), no rail link is being proposed to connect Houston to the rest of the Lone Star State.

    Below is material adapted from the FHWA report, describing the various mega regions. .:.

    Tuesday

    New 150-Page Texas Triangle Report

    Aggies Launch Blog Dedicated to Texas Urban Triangle

    Graduate students from Texas A&M established a blog this week to make their 2008 study available for public consumption.

    Entitled "Texas Urban Triangle:Framework for Future Growth," the study was funded by a grant from the Southwest Universities Transportation Consortium (SWUTC).

    Professors Michael Neuman and Elise Bright oversaw creation of the report, which weighs in at 141 pages. The full report is downloadable in sections or in full at http://texasurbantriangle.tamu.edu/.

    The site describes the next stage of development for the long-term project as developing a tool to "aid policy and investment decision making regarding future urban development and infrastructure."

    Welcome to the party..:.

    Monday

    Power to the People

    Energizing the 21st century grid

    U.S. cities are already burning plenty of midnight oil--showing up as some of the most widely illuminated places on Earth. But that output is only bound to intensify over the coming decades.

    Over the next 30+ years, the population of the U.S. is expected to increase by over 100 million persons. (By comparison, Europe and Japan will lose 15 million people.) Not coincidentally, the majority of that population growth (~66%) will be in the 20 megapolitan areas identified by Dr. Robert Lang.

    According to International Energy Agency the U.S. electrical grid generated about 4,148 terawatt-hours (TWh) in 2004. By 2030, total U.S. output will rise more than 42% to 5,913 TWh. That's a lot of juice.

    The Wall Street Journal ran an article on March 12, 2007, describing how renewable energy, specifically wind energy, will play into that. The newspaper ran the following breakdown:

    Energy Source .....2004 .....2030
    Coal .....50% .....53%
    Nuclear .....20% ..... 16%
    Gas ..... 18% ..... 16%
    Hyrdo .....7% ..... 5%
    Oil .....3% ..... 2%
    Renewable .....2% (14% wind) .....8% (44% wind)

    See that last line. That's a huge increase in the amount of wind energy generation capacity over the next two and half decades. Big energy companies are looking to get in on this surge, and wind energy is becoming big business, witness the American Wind Energy Association in D.C. .:.

    Brights Lights, Big Cities

    Light pollution and earthbound constellations

    Growing up in northern San Diego county, I had the unique opportunity to be only 30 minutes from the Pacific Ocean and 60 minutes from Mt. Palomar. For my money, I preferred treks up the 5,600 foot peak more than to the beach. One reason was the Mt. Palomar Observatory, which was once the largest telescope in the world and is still used today to track down objects in outer space.

    Proximity to the Palomar Observatory was good for me, it was bad for astronomers. Widespread light pollution from nearby growing cities in San Diego county reduced the ability of Palomar to capture as crisp as pictures as it might have otherwise. It's a problem facing telescopes all over the world.

    Although that stray city light obfuscates views of the heavens, it has proved useful in illuminating (no pun intended) things down here on Earth. Just as starlight is a telltale of the powerful thermonuclear engines at work inside stellar bodies, so Earth-observing scientists at NASA found that
    shining lights from Earth gives clues about the engines driving the world's economy. They found that city lights very good indicators of urbanization.

    We're not talking about population, mind you. China and India combined have ten times the number of citizens as the U.S., but those countries are far dimmer at night thanks to fewer modern, electrified cities. When analyzing what I'll call "ground constellations" across the U.S., the scientists found great concentrations of light.

    The brightest groupings came from those (pesky) cities that leave their lights on all night long. And it became quite evident that cities formed clusters that didn't fit neatly into city, county, state or national boundaries. The U.S. Census has no official term to describe large urban complexes beyond combined statistical areas, consisting of metropolitan areas that are economically interlinked, and, consequently, no way of measuring them. Clearly there was something that needed measurement, however.

    These mega cities were not limited to just the U.S. There appeared to be as many as 20 supersized metropoli across the face of the planet. Obeservers of census data also were discovering evidence for such uber-urban areas.
    Robert Lang, a professor at the Metropolitan Institute at Virginia Tech, explains that as far back as the 1960s, Jean Gottman pointed out the existance of a "megapolitan" centered on New York City and surrounding metros in the Northeast. Although distinct cities, they could also be thought of as a single mega city.

    Lang decided to use the same term to describe the supercities he discovered through his own research, which he encountered working through Census data from the ground up. He initially discussed 10 megapolitans in the U.S., but has since refined his list to 20. He's even written a book on the subject, due out the summer of 2007. Alternatively, the America 2050 initiative has adopted its own criteria to describe America's megas, based on the
    Regional Planning Association's (RPA) defintions. It has ten, very similar to, if not the same as, Lang's original list. The two systems are now pretty much integrated, with Lang's 20 megapolitans forming the constituents of the RPA's 10 mega regions.

    The lone exception may be that the RPA includes Minneapolis-Saint Paul as part of the Great Lakes mega region, and Lang does not. Having lived in the Twin Cities for many years, I believe that they do indeed belong to a Great Lakes mega. Chicago represents the hub of the Midwest. In fact, the state of Minnesota's Department of Transportation studied air cargo transport (important for high-value manufacturers such as the medical device makers that dominate the Twin Cities business landscape). They found that 90% of air cargo in the region is shipped to Chicago's O'Hare Airport, rather than from MSP International.

    This concept of megapolitans and mega regions is taking off. There's an increasing number of organizations looking into "megas" to see how to leverage them to enhance the economic productivity and performance of local areas. .:.

    Sunday

    Innovation Clusters - UPDATED

    Non-Energy Clusters

    1. Austin Technology Incubator
    2. Biotech Initiative
    3. Houston Technology Center
    4. IC2 Institute [Austin]
    5. Metroplex Technology Business Council
    6. Music Industry [Statewide, Portal]
    7. Nanotechnology Initiative [Statewide, Portal]
    8. New Media Consortium [Austin, Portal]
    9. Rural Alliance for Renewable Energy (RARE)
    10. Social Media Club [Austin]
    11. Telecom Corridor [Richardson; Portal]

    Clean Tech & Energy
    1. National Algae Association
    2. Energy Corridor [Houston]
    3. SEED Coalition (Sustainable Energy and Economic Development)
    4. Solar San Antonio (SSA)
    5. Solar Energy Society (TXSES)
    6. Solar Energy [Austin, Portal]
    7. Renewable Energy, Texas Land Office [portal]
    8. Renewable Energy Industry Association [TX; Portal]
    9. Renewable Energy Association of Central Texas (REACT)
    10. Metropolitan Partnership for Energy [San Antonio]
    11. Infinite Power of Texas [renewables]
    12. Houston Renewable Energy Group
    13. El Paso Solar Energy Association (EPSEA)
    14. Clean Energy Incubator [Austin]
    15. Alternative Energy Institute

    Industry Studies
    1. Aerospace & Defense [TX; PDF]
    2. Automotive Manufacturing [TX; PDF]
    3. Aviation & Aerospace [TX; PDF]
    4. Biotechnology [TX; PDF]
    5. Energy Production [Energy Information Agency]
    6. Energy Report [comprehensive; TX Comptroller; 2008]
    7. Nanotechnology [TX; PDF]
    8. Renewable Energy [Energy Conservation Office; 2008]
    9. Semiconductors [TX; PDF]

    Information Infrastructure
    1. Media - All Cities, All Media
    2. Media - Statewide
    3. Power - Daily Wholesale Market Data [2004-]
    4. Power - Market Directories [multiple lists]
    5. Power - State of the Market Reports
    6. Telecom - Area Codes [map]
    7. Telecom - Cable Providers [list]
    8. Telecom - Competitive LECs [list]
    9. Telecom - Incumbenet LECs [list]
    10. Telecom - Long Distance Carriers [list]
    11. Telecom - Municipal Providers
    12. Telecom - Payphone Providers [list]

    Transportation Infrastructure
    1. Texas Railroads [AAR.org]
    2. National Bridge Inventory [FHWA.dot.gov]
    3. Ports Directory [TexasPorts.org]
    4. 2008 Texas Transportation Report [BTS.gov]
    5. Texas Energy Production Report [EIA.gov]
    6. Texas Ports - map [WorldPortSource.com]

    Regional Focus
    1. Atlanta [Council on Competitiveness, report]
    2. Biobusiness Alliance [Minnesota]
    3. Cambridge Investment Research [Cambridge, England]
    4. Great North Alliance [Minneapolis-St. Paul]
    5. Indiana Business Research Center [Kelley School of Business; good comparative data v. other states]
    6. MBBNet [Minnesota, biomedical portal]
    7. Minneapolis-St. Paul [biotech & biomedical]
    8. Pittsburgh [Council on Competitiveness, report]
    9. Research Triangle [Council on Competitiveness, report]
    10. San Diego [Council on Competitiveness, report]
    11. Wichita [Council on Competitiveness, report]
    12. World Financial Centers, Top 50 [PDF]
    U.S.A.
    1. Demography of Clusters [overview of cluster iniatives, PDF]
    2. Clusters of Innovation Initiative: Regional Foundations of U.S. Competitiveness [Council on Competitiveness, report]
    3. Clusters of Innovation Initiative [multiple MSAs]
    4. U.S. Clusters [4MB+ PDF]
    5. The Cluster Initiative Greenbook [how-to, 2MB PDF, free registration req.]
    6. Harvard Clusters Database [833 worldwide clusters, PDF]
    Thinktanks
    1. America 2050 Project [megas, national]
    2. Brookings Institution [business location]
    3. Council on Competitivness [international, regional and local]
    4. Cyberstates [clusters, high technology]
    5. Harvard Institute for Strategy and Competitiveness [industry clusters]
    6. Metropolitan Institute at Virginia Tech [megas, national & international]
    7. Milken Institute [regional economics]
    8. The Citistates Group [regional biz thinktank]

    Megapolitan Case Studies & Reports-Updated

    Friday

    Triangle Census - Megas, Metros & Micros



    The following statistics are organized by urban (or non-urban) area, i.e., megapolitan, metropolitan, or micropolitan. Underneath its constituent counties are included with individual population and housing unit data.

    City Profiles



    The Metroplex Megapolitan Area
    Dallas-Fort Worth-Arlington MSA
    • County: Dallas..... Population: 2,218,899 / Housing Units: 854,119
    • Tarrant.....1,446,219 / 565,830
    • Collin.....491,675 / 194,892
    • Denton.....432,976 / 168,069
    • Johnson.....126,811 / 46,269
    • Ellis.....111,360 / 39,071
    • Hunt.....76,596 / 32,490
    • Wise.....48,793 / 19,242
    • Delta.....5,327 / 2,410
    Bayou City Megapolitan Area
    Houston-Sugar Land-Baytown MSA
    • Harris.....3,400,578 / 1,298,130
    • Fort Bend.....354,452 / 115,991
    • Montgomery.....293,768 / 112,770
    • Galveston.....250,158 / 111,733
    • Brazoria.....241,767 / 90,628
    • Liberty.....70,154 / 26,359
    • Chambers.....26,031 / 10,336
    • Austin.....23,590 / 10,205
    • San Jacinto.....22,246 / 11,520
    Southwest Megapolitan Area
    Austin-Round Rock MSA
    • Travis.....812,280 / 335,881
    • Williamson.....249,967 / 90,325
    • Hays.....97,589 / 35,643
    • Bastrop.....57,733 / 22,254
    • Caldwell.....32,194 / 11,901
    San Antonio MSA
    • Bexar.....1,392,931 / 521,359
    • Guadalupe.....89,023 / 33,585
    • Comal.....78,021 / 32,718
    • Medina.....39,304 / 14,826
    • Atascosa.....38,628 / 14,883
    • Wilson.....32,408 / 12,110
    • Kendall.....23,743 / 9,609
    • Bandera.....17,645 / 9,503
    Other Metropolitan Areas
    College Station-Bryan MSA
    • Brazos.....152,415 / 59,023
    • Burleson.....16,470 / 8,197
    Killeen-Temple-Fort Hood MSA
    • Bell.....237,974 / 92,782
    • Coryell.....74,978 / 21,776
    • Lampasas.....17,762 / 7,601
    Waco MSA
    • McLennan.....213,517 / 84,795

    12 Micropolitan Areas
      Athens
    • Henderson.....73,277 / 35,935
    • Bay City
    • Matagorda.....37,957 / 18,611
    • Bonham
    • Fannin.....31,242 / 12,887
    • Brenham
    • Washington.....30,373 / 13,241
    • Corsicana
    • Navarro.....45,124 / 18,449
    El Campo
    • Wharton.....41,188 / 16,606
    Gainesville
    • Cooke.....36,363 / 15,061
    Huntsville
    • Walker.....61,758 / 21,099
    Mineral Wells
    • Palo Pinto.....27,026 / 14,102
    Palestine
    • Anderson.....55,109 / 18,436
    Paris
    • Lamar.....48,499 / 21,113
    Shermann-Denison
    • Grayson.....110,595 / 48,315
    Somerville + Granbury
    • Hood.....41,100 / 19,105
    Stephenville
    • Erath.....33,001 / 14,422
    Sulphur Springs
    • Hopkins.....31,960 / 14,020
    14 Non-Urban Counties
    • Hill.....32,321 / 14,624
    • Milam.....24,238 / 10,866
    • Grimes.....23,552 / 9,490
    • Limestone.....22,051 / 9,725
    • Fayette.....21,804 / 11,113
    • Colorado.....20,390 / 9,431
    • DeWitt.....20,013 / 8,756
    • Gonzales.....18,628 / 8,194
    • Falls.....18,576 / 7,658
    • Freestone.....17,867 / 8,138
    • Bosque.....17,204 / 8,644
    • Lee.....15,657 / 6,851
    • Leon.....15,335 / 8,299
    • Madison.....12,940 / 4,797

    Thursday

    Mind the Gap

    Plan for Texas-sized rail system missing pieces

    When the economic stimulus bill was signed into law, $8 billion was set aside for high-speed rail. Although rail helps reduce carbon emissions, it also plays a role in urban planning. Professor Robert Lang at the Metropolitan Institute has noted previously that proposed high-speed rail plans closely conform to the megapolitan areas that he mapped out.

    The analogy is that high speed rail is the "subway" of future megacities. However, in Texas, the proposed map seems slightly askew. Logically, the Texas Triangle cities of San Antonio, Austin, Dallas, and Fort Worth are interconnected, strangely Houston is left out.

    It is interesting to note also that the South Central plan connects North Texas to Oklahoma City. Professor Lang has long suggested that OK City could merge with The Metroplex to form a third center of gravity for a megapolitan area. To many Texans, that notion is about as crazy as Houston and New Orleans forming a mega city, which brings me to plan 2 for Texas.

    In the so-called Gulf Coast plan, Houston is the end/start point for a system that runs all the way to Atlanta. While this may make sense to somebody in Washington, the citizens of Houston consider themselves Texans before any other affiliation.

    The founders of Southwest Airlines realized this decades ago when they drew a "Golden Triangle" connecting Houston, Dallas,-Fort Worth, Austin, and San Antonio on the back of napkin as they sketched out a business plan for their new airline.

    It remains to be seen if any of these plans will come to fruition, and even if they are attempted, high-speed rail could go the way of the Trans-Texas Corridor. .:.

    Monday

    Maps of the Texas Triangle

    1. Texas' Fortune 500
    2. Venture Capital Deals
    3. Nonprime Mortgage Conditions (by county)
    4. Green Commercial Real Estate
    5. Solar Energy Jobs
    6. Congressional Districts
    7. County-by-County Census Data
    8. Texas Ports
    9. Oil Imports
    10. Energy Production
    11. Sun Position
    12. Cloud Cover
    13. Texas Drought Map (Statesman.com)
    14. Texas Triangle at Night

    Updates for Week of 02/07-02/14

    Happenings in the Texas Triangle, the megapolitan region consisting of Houston, DFW, Austin and San Antonio.

    1. DealFlow> TXCO Resources [San Antonio] reviewing strategic alternatives <http://tinyurl.com/txtriangle0936>
    2. Honchos> Billionaire R. Allen Stanford [Houston] possibly under investigation by SEC <http://tinyurl.com/txtriangle0933>
    3. Energy> Feast and famine for ethanol producers <http://tinyurl.com/txtriangle0931>
    4. Boom, Crash, Presto> Creative Class' Richard Florida envisions how crash will reshape U.S. and Texas <http://tinyurl.com/txtriangle09301>
    5. Who Shot J.R.?> Relive the glory days of the oil boom with a Ewing Oil ball cap <http://tinyurl.com/txtriangle0930>
    6. Energy> North Dakota could become the Texas of the Upper Midwest <http://tinyurl.com/txtriangle0929>
    7. DealFlow> MC Companies [AZ] acquires Encore Management [Arlington] <http://tinyurl.com/texasdeal0004>
    8. MicroCaseStudy> Clash of the Titans: Visualizing the growth of Wal-Mart vs. Target <http://1link.in/texastriangle-ytfev>
    9. DealFlow> Arlington Neonatal Intensive Care, P.A. [Arlington] is acquired by MEDNAX, Inc. [FL] <http://tinyurl.com/texasdeal0003>
    10. NonSequitur> A-Rod's doping explained by game theory... sheds no light on Madonna thing <http://tinyurl.com/txtriangle0927>
    11. NewCapital> Money anyone? Maverick's owner Mark Cuban [Dallas] makes open call for biz plans <http://tinyurl.com/txtriangle0928>
    12. DealFlow> ROUND2 Inc. [Austin] acquires PolymerCycle, LLC [Grand Prairie] <http://tinyurl.com/texasdeal0002>
    13. DealFlow> Boundless Network [Austin] acquires Corporate Specialities [Dallas] <http://tinyurl.com/texasdeal0001>
    14. NewCapital> Austin tech firms OneSpot and 7 Billion People haul in combined $7.2M <http://tinyurl.com/texascapital>.:.

    Updates for Week of 01/25-01/31

    Happenings in the Texas Triangle, the megapolitan region consisting of Houston, DFW, Austin and San Antonio.

    1. IndustryClusters> Non-obvious connections among auto industry players create unforeseen consequences <http://tinyurl.com/texastriangle0915>
    2. TexPatriates> Don't hate the player, hate the game... The Bush-bashing phenomenon <http://tinyurl.com/texastriangle0914>
    3. NonSequitur> Mathematician deconstructs The Beatles <http://tinyurl.com/texastriangle0913>
    4. Fishwrap> How does Dell do it? WSJ runs a story nearly daily... Today, Dell's new smart phone! <http://tinyurl.com/texastriangle0912>
    5. Rankings> What the...? Austin barely squeaks into Forbes' Top 30 Most-Wired Cities <http://tinyurl.com/txtriangle0911>
    6. Clusters> Austin-based New Media Consortium releases 2009 Horizon Report <http://tinyurl.com/c77zyb>
    7. Energy> NOCs dominate IOCs in total share of oil reserves (88% v. 12%) and production (52% v. 48%) <http://tinyurl.com/txtriangle0910>
    8. BigPicture> The Texas Triangle is 1 of 11 U.S. megapolitan regions <http://tinyurl.com/txtriangle0909>
    9. Honchos> Robert B. Rowling, TRT Holdings [Irving], puts "Don't Mess with Texas" into practice <http://tinyurl.com/txtriangle0907>
    10. Crusade> Texas needs In-N-Out burgers... now <http://tinyurl.com/txtriangle0906>
    11. Horse's Mouth> WSJ reports on tough times for Texas family [DFW] <http://tinyurl.com/txtriangle5>
    12. Linchpins> Dell [Austin] will record record 1-time expenses of $280M <http://tinyurl.com/txtriangle4>
    13. Epic> No cheap date, bidding starts at $100k to dine with T. Boone Pickins [Dallas] <http://tinyurl.com/txtriangle0903>
    14. Empty Boots>Trailblazing former-UT prez Lorene Rogers (Dallas) passes away at 94 <http://tinyurl.com/txtriangle0902>
    15. Energy> On CO2 legislation, battle between reds and blues giving way to browns vs. greens <http://tinyurl.com/txtriangle>
    16. Kudos> Lone Star's 24 best hospitals <http://preview.tinyurl.com/b8ea94>
    17. CreativeClass> Gene Rodenberry (<http://www.famoustexans.com/roddenberry.htm>) to be "buried" in space with wife <http://preview.tinyurl.com/d24ade>
    18. Trends> Gov. Perry not giving up on private toll roads, Obama's plans could help <http://preview.tinyurl.com/cx7bfb>
    19. Energy> Important to Houston, oil-rich Norway pursues economic stimulus <http://online.wsj.com/article/SB123298341926915687.html>
    20. UsVsThem> Nationally, DFW home prices holding strong, Houston metro too shows relative strength <http://preview.tinyurl.com/a9trhs>
    21. Texaphile> "Texans are keepers of the republic flame..." <http://preview.tinyurl.com/ahg2xb>
    22. Nanocosm> Sweating the small stuff pays for Houston unis Rice, UT-Houston, and Baylor <http://preview.tinyurl.com/bqujp9>
    23. Big Tex> Vinson & Elkins Ron Kirk (Dallas) joins as Federal Trade Rep <http://preview.tinyurl.com/bzrlet>
    24. Big Tex> Kevin O'Connor, #3 at DOJ, joins Bracewell & Giuliani in Hartford <http://preview.tinyurl.com/bwygfd>
    25. Trends> Trans Texas Corridor died Jan. 4, but Fed stimulus could pump up infrastructure spending <http://preview.tinyurl.com/dxy8mc>
    26. Energy> To proceed, on-hold IPOs need crude at $55 - alt energy prefers $80- nat gas wants stable $6 <http://preview.tinyurl.com/c9vthm>
    27. Money Trail> Texas nets $1.28B on 146 VC deals in 2008 (downloadable regional spreadsheets @ PEHub.com) <http://preview.tinyurl.com/ahze7m>.:.

    Thursday

    Boom, Crash, Presto

    Creative Class' Florida envisions how crash will reshape America... and Texas

    Not everyone favorite's urban theorist, Richard Florida always manages to be provocative. In the coming March 2009 issue of The Atlantic, Florida's cover story discusses how the boom will reshape the urban topology of America.

    He notes that in a recent survey of 381 metro areas by Moody's Investor Services, 302 were already in recession, 64 were at risk, and only 15 were continuing to expanding. Guess where?

    "Notable among them were the oil- and natural-resource-rich regions of Texas and Oklahoma, buoyed by energy prices that have since fallen; and the Greater Washington, D.C., region, where government bailouts, the nationalization of financial companies, and fiscal expansion are creating work for lawyers, lobbyists, political scientists, and government contractors."
    That may no longer be true, but it means Texas and our energy kith and kin to the north got some reprieve from the heartache affecting most of the country.

    Also worth noting is a fantastic map detailing data for hundreds of cities including population change since 1860, patents issued since 1975, and income change since 2001. .:.

    Sunday

    Emergence of Transnational City States

    New York and London new form of city

    A recent Financial Times article argues New York and London have emerged as a unique global city state that transcends national boundaries. GEO

    Mega Watching

    Creative Class proponent releases study of mega regions

    Richard Florida who argues that cities should work to retain their "creative class" as a key to economic prosperity has released a new report looking at the world's 40 largest mega-regions, in the U.S., Europe, Middle East, and Asia. The report ranks the regions and includes interesting qualitative data as the number of patents issued to the region. GEO

    Tuesday

    Paris Gets Serious

    France loosens reigns, tries to stay competitive

    With London and New York City the top two updisputed financial centers of the world, Parisians are making changes to keep up, reports The Internation Herald Tribune. The French are looking for ways to reduce the regulatory burden of doing business in France, including permitting financial information to be submitted only in English. Pressure on the French is substantial. A new study, sponsored by the City of London, ranks the top 50 world financial centers. Paris comes in at only #11, just better than Toronto and not as good as Geneva, meaning plenty of work will need to be done. GEO

    Magnate Magnet

    London excels at drawing super rich

    Yet another reason London is emerging as the world's financial center is its ability to attract the most well-heeled indviduals on the planet. The Wall Street Journal reports that London is experiencing a boom in billionaires, and that they aren't home-grown. From Iceland to India, the gigawealthy are settling down in London. The paper reports that of the 10 richest individuals in the U.K., only three are originally from there. They are being drawn by low taxes, and ease of conducting business around the world. GEO

    Wednesday

    War in the Urban Milieu

    Random bullets hurting property values in Rio

    Cities are known for many hassles. Traffic. Pollution. Overcrowding. But in Rio De Janeiro, stray bullets are a growing hazard of city life.

    Fox News reports that the government is seeking to crack down on the drug traffickers who run the many poor slums in the 8 million person city. As a result, exchanges of high-powered weapons are commonplace. Collateral damage is occurring from unaimed, random bullets, which can be lethal from up to a mile away. In the first 3 months of 2007, at least 87 have been wounded by stray bullets.


    In Rio, poor neighborhoods, known as favelas (shown above), are in close proximity to wealthy neighborhoods. The worst areas are on the poor north side of the city, described in the Fox story as a "a drab urban sprawl that extends for miles behind the mountaintop Christ the Redeemer statue, which looks down over the city's richer neighborhoods and white sand beaches." And the news service notes that property values can be as much as 60 percent less for high-priced condos with windows facing the favelas.

    The news story reports that even flights into the city's downtown airport were diverted on one occasion due to a high-level of gunfire in a part of the city near the flight path. GEO

    Friday

    Nation-in-waiting?

    Catalan region of Spain clings to identity against all odds

    Having lived in Barcelona for nearly a year, I can verifty that the article "Barcelona: Leading a stateless nation" by Rick Steves, posted on June 15, may be the single best and most concise description of Barcelona I've ever read. (I was even pick-pocketed on the Las Ramblas.)

    Money quote: "Catalonia is Spain's Quebec." GEO

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