University of Texas Taps Into Big Oil

The University of Texas System benefits financially from its 2.1 million acres in the Permian Basin, generating over $2 billion in revenue due to high oil prices. While there are concerns about reliance on fossil fuels, the land also offers potential for renewable energy development. Revenue is primarily used for capital projects, providing financial stability compared to other universities facing investment losses.

What is the primary source of revenue for the University of Texas system?

• Oil and gas from the Permian Basin

• Tuition fees

• Private donations

• Federal grants

How does the University of Texas system view its oil and gas assets?

• As a historical asset providing cash

• As an active investment in private equity

• As a liability due to environmental concerns

• As a temporary source of income

What additional revenue sources are being explored by the University of Texas system?

• Geothermal energy

• Solar and wind energy

• Nuclear energy

• Hydroelectric power

How is the revenue from the University of Texas system primarily used?

• For research grants

• For scholarships and student loans

• For capital projects like new buildings

• For faculty salaries

How does the University of Texas system's financial situation compare to other endowments?

• It faces similar investment losses

• It has more liquidity and stability

• It is less diversified

• It relies heavily on federal funding