The Crimson Connection

Plummeting Oil Costs Hurt the Houston Economy

Plummeting Oil Costs Hurt the Houston Economy

MattR, Staff Reporter

January 19, 2016

A barrel of crude oil is now 28 dollars a gallon which is more 50 times less than that of a barrel of sparkling water (Perrier: $1825) . In Houston this means lots of job losses and a plummeting local economy. As many of you may know this, the more frightening news is that according to the Huffington...

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