As the price of oil drops below $55 per barrel, the shale industry could scale back capital spending and cut jobs, which could plunge Texas into a regional recession, according to an article on CNN.Texas contributes 40 percent of the...
Cole Avery, NOLA.com | The Times-Picayune, New Orleans Times-Picayune
Fri, 12/19/2014 - 3:08pm
As the price of oil drops below $55 per barrel, the shale industry could scale back capital spending and cut jobs, which could plunge Texas into a regional recession, according to an article on CNN.Texas contributes 40 percent of the...