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 significance of the University of Texas system's land in relation to oil and gas?

How has the revenue from the University of Texas system's land changed due to oil prices?

What are some alternative energy sources that the University of Texas system is considering for its land?

In what ways is the revenue from oil and gas used by the University of Texas system?

What challenges do other colleges and universities face compared to the University of Texas system regarding endowment revenue?