Curtis Pittman is the Vice President of Womack Tank and Manufacturing, one of many new business in the Concho Valley sparked by the population growth and increase of revenue due to the oil boom.
"The businesses will come where there is money to be made and we expect that to happen here also."
But because the money is so tempting in the oil industry, local establishments are having a hard time hiring and retaining employees at lower paying jobs.
"In any place where this is suddenly an influx and an additional need for more employees, the service industries are impacted the most quickly and those that have the lowest starting wages. "
This may cause higher prices for products, but will provide more economic opportunity for a city that has already seen an increase in it's workforce.
In just one year there has been an increase of over 1000 people in San Angelo's workforce, dropping the unemployment rate to an impressive 4.6%.
But for those worried about a bust in the future, officials say this boom may be more permanent than those in the past.
"We are also seeing a lot of those companies who are putting down rigs, they are building buildings, they are buying property. They are here for a much longer term than the normal roller coaster boom and bust that we have seen."
An increase in permanent residents could mean more housing and rental properties, but the city is prepared.
Staying ahead of the curve is exactly where Valenzula wants to remain. He says he doesn't want the oil industry to dictate how the city works and wants the boom to as beneficial to the city as possible.
"We want to make sure that we are addressing current needs that we do have. And again we always go back to infrastructure, water and everything else. We want to make sure that we take advantage of that influx of money that will be coming into the city and address a lot of the needs that we have currently. "
Currently the city is working with a number of new businesses about to announce openings and we can expect to see a vast increase in retail and service business in the next 12 - 18 months.