Natural Gas
Impacts of Declining Oil and Natural Gas Prices
The recent decline in oil and natural gas prices has left people with mixed emotions. While everyone has more money leftover after a trip to the gas station or after paying the electric bill, there's still concern about the effect that lower prices will have on the Texas and U.S. economies. In a recent article, economist Dr. Ray Perryman reports that low oil prices are a net positive for the U.S. economy, but for energy-producing states like Texas, that may not be the case.
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