Rekindling Old Ties: A Closer Look into What Risks Lie Ahead for Texas if Oil Prices Collapse
Published on Friday, November 21, 2014 | Updated on Sunday, May 13, 2018
Rekindling Old Ties: A Closer Look into What Risks Lie Ahead for Texas if Oil Prices Collapse
An oil prices collapse will create headwinds for Texas’ economy. Texas diversification implies less severe risk scenario than 1980s. More dependent metros and smaller firms have greatest risk exposure. Measured price declines could boost consumption and aid recovery in handful of states
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