Downturn In Oil Prices Rattles Texas Oil Economy

GONZALES, TX - MARCH 27: Volunteers unload a truck full of food at a food pantry operated by Gonzales Christian Assistance Ministry, one of the few social services organizations in Gonzales assisting those in need on March 27, 2015 in Gonzales, Texas. Texas, which in just the last five years has tripled its oil production and delivered hundreds of billions of dollars into the economy, is looking at what could be a sustained downturn in prices. Crude oil prices today are almost 60 percent lower than they were six months ago.While the Texan economy has become more diversified over the years, oil is still the states largest monetary generator and any sustained downturn would be devastating for employment and the economy. Outplacement firm Challenger, Gray & Christmas this month said a drop in oil prices have been responsible for 39,621 job cuts in the first two months of the year. (Photo by Spencer Platt/Getty Images)
GONZALES, TX - MARCH 27: Volunteers unload a truck full of food at a food pantry operated by Gonzales Christian Assistance Ministry, one of the few social services organizations in Gonzales assisting those in need on March 27, 2015 in Gonzales, Texas. Texas, which in just the last five years has tripled its oil production and delivered hundreds of billions of dollars into the economy, is looking at what could be a sustained downturn in prices. Crude oil prices today are almost 60 percent lower than they were six months ago.While the Texan economy has become more diversified over the years, oil is still the states largest monetary generator and any sustained downturn would be devastating for employment and the economy. Outplacement firm Challenger, Gray & Christmas this month said a drop in oil prices have been responsible for 39,621 job cuts in the first two months of the year. (Photo by Spencer Platt/Getty Images)
Downturn In Oil Prices Rattles Texas Oil Economy
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クレジット:
Spencer Platt / スタッフ
報道写真番号:
467852206
コレクション:
Getty Images News
作成日:
2015年03月27日(金)
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リリース情報:
リリースされていません。 詳細情報
ソース:
Getty Images North America
オブジェクト名:
84524500
最大ファイルサイズ:
3000 x 2000 px (25.40 x 16.93 cm) - 300 dpi - 1 MB