Tag Archives: costs
TexasDrySpenceResevoir

Texas drought cost $7.6 billion

Texas agriculture producers lost $7.62 billion to the state’s 2011 drought, which experts said makes it the costliest drought in the state’s history and possibly the most expensive drought ever suffered by any state. “No one alive has seen single-year drought damage to this extent,” said Travis Miller, an agricultural economist at Texas A&M University. [...]