Posted on · Oil prices are hovering at an uncomfortable $40 a barrel, and aren't expected to rebound anytime soon. For some workers it's starting to sound a lot like the 1980s, when oil prices plummeted and stayed low for years and wreaked havoc on Houston's economy.
Posted on · The price of oil in Texas is getting hit from two sides: the pandemic is decreasing demand, plus an international dispute that's increasing supply. However, people working in the energy industry have seen big downturns before. Do they think this one is different?