Texas & Oklahoma 2011
The drought and associated wildfires cost Texans an estimated US$5 billion, including agricultural and livestock losses.
In the summer of 2011, Texas and Oklahoma suffered the worst drought conditions seen since the Dust Bowl. In Midland, the oil and gas capital of West Texas, less than 1/10th of an inch of rain fell between October 2010 and April 2011, leaving all three of the city’s reservoirs less than 30% full. Without rain, residents may have to raise US$140 million for a new pipeline to bring in water from elsewhere. Estimates put the cost of the drought and associated wildfires (including agricultural and livestock losses) at US$5 billion.