
New EPPB leader introduced
Educators and community members welcomed Shannon Torres as the new executive director of the Education Partnership of the Permian Basin Thursday at Region 18 Education Service Center. The Education Partnership is a nonprofit organization dedicated to supporting student success at every level.
It works to ensure every student in the Permian Basin area has access to high-quality educational opportunities that lead to success. Collaborating with schools, businesses, and other nonprofits, EPPB is striving to build a stronger foundation in education for students all across the Permian Basin.
Torres takes over from interim executive director Adrian Carrasco and previous executive director Adrian Vega, who is now vice president of institutional advancement at Midland College.
Torres is no stranger to West Texas or to education having worked in the field for 21 years, 12 of them at Midland ISD. She was principal of Midland Freshman High School and Lee/Legacy High School and also served as an executive director of school leadership.
An Amarillo native, Torres has been on the job for a little more than a month.
"But it's been a great month of learning and getting to know all of our staff members and board members, and learning the mission and vision and really working through the initiatives we already have going, that are going well," Torres said.
Torres earned a bachelor's degree in history from Texas Tech University and a master's degree in educational leadership from West Texas A&M University in Canyon.
Having spent her whole life in education, she strongly believes that education is the gateway to success and the only way to break cycles.
"The Education Partnership of the Permian Basin fits that model, fits my passion. We are still working to improve student success. We are still working to give opportunities to students, and this is just another way to be part of education, but in a wider area," Torres said.
One of the reasons she took the Education Partnership position is the board, their passion and vision for the partnership and what they want to see. Torres said it aligns with how she feels about education, this area and "how much we just want our region to succeed."
She added that she spent her career in larger districts so it's been nice to get to know and learn about how rural school districts operate, the needs they have and finding ways to help give their students the same opportunities they would get in a big district.
Torres said the partnership has a strategic plan in place that spans from cradle to career.
"Just in the most recent work, we're working to strengthen our rural collaboratives. We have one that includes Crane, McCamey and Grandfalls. We have one that we're starting in the Big Bend area that has Alpine, Marfa and Marathon. ... We're also starting one in New Mexico with Hagerman and Lake Arthur. Those have been the focus right now, but we also have a strong focus with our early childhood initiative, where we have Shelby Smith leading that work and just working to help solve the workforce problem that we have with daycare centers, and help support them any way we can," Torres said.
She added that she will miss public education.
"What I've learned in the last month is when you're working in a school district, sometimes you feel like you're the only one working for those outcomes. What I've learned in the last month is we have a lot of people in our region that love education and love our school districts and are looking to help, so it's been great to be able to support them that way," Torres said.
Lorraine Perryman, chair of the Education Partnership and also the founder, along with Collin Sewell, said they are glad to welcome Torres.
"We were blessed to have Dr. Adrian Vega for the first seven years of our operation, who did a fabulous job and grew us from just an idea that Collin and I had based on studying the collective impact model to bring regions together to solve problems of all kinds. We have a problem right here in the Permian Basin in solving our educational needs and deficits. By working together, we can solve those more quickly, more efficiently, leverage our dollars (and) bring people together, Perryman said.
"We are delighted to do this work. It has morphed and changed and will continue to in the future. We are delighted to have Shannon to lead us into the next phase of the Education Partnership of the Permian Basin. We are blessed to have her and all of our partners in this work. I've been visiting with some folks this morning that (came) in from outside of our state and within our state to partner with us as well. It takes a village to solve a problem as large as we have, not just in Texas, but across the country, the educational deficits that we face and to bring people together and grow our future leaders, our future workforce, our future parents and that they grow their families with a foundation of literacy and value of education," she added.
Perryman said education was the key for her as a child growing up in a "trailer house with a driller for a daddy right here in the Permian Basin."
She and her family moved as many as seven times a year throughout Texas, Oklahoma and Kansas.
"We were nomads in a house with wheels. My mother instilled in us the value of education and I want every child, no matter their circumstances, to be able to have the same joy in reading and education and opening up their horizons. That's what our work is. As long as we all stay focused on the faces of those children whose lives we are changing, this work will be a success," Perryman said.
Perryman said 80 people applied for the post from all over the country and they interviewed five for the job. She added that Torres was the "shining star."
Carrasco said Torres fits right in with the organization and the area.
"She's from West Texas. ... Although we had a really good national search, I think this is a great opportunity for the Education Partnership to move forward and continue the great work that it does. Shannon is the right person for this. She understands this piece, she understands our mission, and she understands where we want to go as an organization. I commend the board of directors for their pick and who they wanted to go with. This was always the choice of the board of directors, and I was so proud to be able to help them and throughout this process and the search. We're looking forward to great things," Carrasco said.
The partnership is funded through grants, partnerships with other entities "to address problems that are not being addressed elsewhere, that can only be solved through working together," Perryman said.
"We also have funding by initiating projects that have been approved by the legislature, like bringing small districts together. Bringing small districts together was approved in the last legislative session.
"We have been innovators in our area, ahead of the rest of the state in initiating those rural innovation zones. We actually have worked with the legislature to institute those programs, and that's being copied around the state and the nation. We have state money that we are the pass through to local districts for, and they have grant dollars to fund the work that we do," Perryman said.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
4 minutes ago
- Yahoo
Why Lucid Stock Dropped, Then Recovered Friday
Key Points Investors may be rethinking the deal that brought monster gains for Lucid yesterday. Uber plans to deploy at least 20,000 Lucid EVs over the next six years. An influx of cash from Uber is good news for Lucid shareholders. 10 stocks we like better than Lucid Group › Lucid Group (NASDAQ: LCID) stock had its largest intraday gain ever yesterday. Shares of the luxury electric vehicle (EV) maker gained as much as 45% before closing about 36% higher in Thursday trading. But investors are rethinking that move today. Lucid stock sank as much as 8% this morning as investors digested two huge bits of news from yesterday. As of 11:50 a.m. ET, shares have recovered from that drop and remain near breakeven for the day. Big news for Lucid, or just a head fake? Lucid joined ride-sharing leader Uber Technologies and self-driving technology company Nuro in announcing a new partnership yesterday. The companies plan to deploy at least 20,000 Lucid electric vehicles (EVs) beginning next year for a premium robotaxi program exclusively for Uber's leading ride-hailing platform. On the surface, that sounds like a massive win for Lucid. The company produced only about 9,000 vehicles last year and expects a total of about 20,000 this year. So it would represent a welcome backlog to Lucid's order book at a time when it needs to grow volume. The total EV deployment is expected to be spread over six years, however. The deal includes a $300 million investment by Uber that will help deepen the relationship for autonomous luxury EVs on the Uber platform. The Lucid Gravity SUV enabled with Nuro's Level 4 self-driving system provides a 450-mile range on a full battery charge. That should help reduce expenses in Uber's vehicle fleet. Lucid is still high risk Along with the new partnership, Lucid also announced it plans to implement a 1-for-10 reverse stock split. A reverse stock split shows Lucid isn't coming from a position of strength. It still needs a broader customer base for its products. One good sign investors can look for is a boost in 2025 delivery guidance when it reports its second-quarter update on Aug. 5. Lucid stock may tread water until then. Should you buy stock in Lucid Group right now? Before you buy stock in Lucid Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Lucid Group wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $687,149!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,060,406!* Now, it's worth noting Stock Advisor's total average return is 1,069% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 15, 2025 Howard Smith has positions in Lucid Group. The Motley Fool has positions in and recommends Uber Technologies. The Motley Fool has a disclosure policy. Why Lucid Stock Dropped, Then Recovered Friday was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
4 minutes ago
- Yahoo
Is Silver on the Way to a New High?
A May 27, 2025, Barchart article on silver, I concluded with: With silver over the $32 per ounce level, the critical upside target is the $37.58 technical resistance level. Silver's relative value versus gold, the fundamental deficit, and the path of least resistance of silver prices since the 2020 low all point to a break above the resistance and a challenge of the 2011 and 1980 highs. However, buying on price weakness will likely remain optimal in the volatile silver market. Nearby COMEX silver futures were at the $33.525 per ounce level on May 27. On July 8, my Q2 precious metals report on Barchart highlighted silver's Q2 bullish key reversal pattern. I concluded with: I remain bullish on the precious metals sector, but even the most aggressive bull markets rarely move in straight lines. Buying on price corrections has been optimal in gold since the 1999 low, and I expect that trend to continue in gold, silver, platinum, and palladium over the coming months. Silver closed Q2 at $35.852 per ounce and was over the $38.50 level on July 18. Silver prices continue to make higher highs in July, with the price rising to a fourteen-year peak. Silver futures approach the $40 per ounce level The ten-year monthly COMEX silver futures chart highlights the precious metals' ascent since the 2020 pandemic-inspired low of $11.64 per ounce. The chart shows the pattern of higher lows and higher highs that has taken silver futures 240% higher to its latest high of $39.57 on July 14, 2025. Silver has more than tripled in value since its 2020 low. The next technical targets are around the $50 level The quarterly continuous futures contract chart indicates that silver has broken out, with its next critical technical targets located around the $50 per ounce level. As the chart shows, at over $38.50 per ounce, silver is at a fourteen-year high, with the next upside target being the 2011 high of $49.82, which is a gateway to challenging the 1980 all-time high of $50.32 per ounce. Fundamentals and technicals have aligned While the technical trend is clearly bullish at a fourteen-year peak and after the Q2 quarterly bullish key reversal pattern, silver's fundamentals have aligned with the price action. In January 2025, the Silver Institute forecasted a deficit in the silver market, with annual demand at 1.20 billion ounces and demand at 1.05 million ounces. The 150 million-ounce shortfall is the fifth consecutive year that silver demand will outstrip supplies. When the technicals and fundamentals align, the results can turn parabolic. Silver's latest peak was just below $40 per ounce, and the technical break with fundamentals winds in the precious metal's sails could ignite a substantial rally that breaks through the 1980 peak like a hot knife sliced through butter. Higher silver prices may only exacerbate the fundamental deficit While the fundamental forecast was for a 150 million ounce shortfall in 2025, it does not account for the potential of skyrocketing investment and speculative demand. Silver is a highly volatile precious metal that could attract a herd of buyers as the price continues its upward trajectory. Therefore, the most bullish factor could be the higher path of least resistance that fuels further rallies. Silver open interest, the total number of open long and short positions in the silver futures market, rose to a record 229,680 contracts in 2019. At 172,865 contracts on July 17, 2025, the futures arena has lots of upside room as speculative interest increases. Meanwhile, Mexico remains the leading silver-producing country. In July, the U.S. administration announced a 50% tariff on copper, after excluding the base metal from the trade barrier in April. Copper futures exploded to a new record peak after the July tariff announcement. If the administration takes a similar stance on silver and the other precious metals, futures prices could take off on the upside. The bottom line is that tariffs and silver's bullish trend could attract a herd of speculative buying, causing silver prices to rise, perhaps substantially, past the 1980 peak. Silver is a highly volatile precious metal- A new high will send a significant signal to all markets Silver is a highly volatile precious metal. While gold's monthly historical volatility is around 13.28%, silver's is 23.57%. Silver's price tends to move more than gold's price on a percentage basis. Even the most aggressive bull markets rarely move in straight lines, as periodic corrections are routine events. Since the 2020 bottom, buying silver on price weakness has been optimal, and I expect that to continue. If silver takes off and the price rises above the 1980 peak, it will further validate the decline in the value of fiat currencies. Gold has already surpassed the euro as the world's second-leading reserve currency, as central banks continue to increase their gold holdings and validate gold as a reserve asset. Silver has a history dating back thousands of years to pre-Biblical times, as gold's partner as a means of exchange or as hard money. A new high in silver will only exacerbate the decline in fiat currencies, which derive their value from the full faith and credit of the governments that issue legal tender and sovereign debt securities. Silver could be on its way to new highs as fundamentals and technicals point to a challenge of the 2011 and 1980 highs. However, the decline in fiat money adds another dimension to silver's potential in the current economic and geopolitical environment. On the date of publication, Andrew Hecht did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
4 minutes ago
- Yahoo
IMF eyes revised global forecast, but warns trade tensions still cloud outlook
By Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund warned on Friday that risks related to trade tensions continue to cloud the global economic outlook and uncertainty remains high despite some increased trade and improved financial conditions. IMF First Deputy Managing Director Gita Gopinath said the fund would update its global forecast later in July given "front-loading ahead of tariff increases and some trade diversion," along with improved financial conditions and signs of continued declines in inflation. In April the IMF slashed its growth forecasts for the United States, China and most countries, citing the impact of U.S. tariffs on imports now at 100-year highs and warning that rising trade tensions would further slow growth. At the time, it cut its forecast for global growth by 0.5 percentage points to 2.8% for 2025, and by 0.3 percentage points to 3%. Economists expect a slight upward revision when the IMF releases an updated forecast in late July. Gopinath told finance officials from the Group of 20 major economies who met this week in South Africa that trade tensions continued to complicate the economic outlook. "While we will update our global forecast at the end of July, downside risks continue to dominate the outlook and uncertainty remains high," she said, in a text of her remarks. She urged countries to resolve trade tensions and implement policy changes to address underlying domestic imbalances, including scaling back fiscal outlays and putting debt on a sustainable path. Gopinath also underscored the need for monetary policy officials to carefully calibrate their decisions to specific circumstances in their countries, and stressed the need to protect central bank independence. This was a key theme in the G20 communique released by finance officials. Gopinath said capital flows to emerging markets and developing economies remained sluggish, but resilient, in the face of increased policy uncertainty and market volatility. For many borrowers, financing conditions remained tight. For countries with unsustainable debt, proactive moves were essential, Gopinath said, repeating the IMF's call for timely and efficient debt restructuring mechanisms. More work was needed on that issue, including allowing middle-income countries to access the G20's Common Framework for Debt Restructuring, she said. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data