Tag Archives: Oil Price Drop

Texas Town’s Fortunes Rise And Fall With Pump Jacks And Oil Prices

The middle class has shrunk faster in Midland, Texas, than nearly anywhere else in the U.S. Overall, more people are getting rich than falling behind. But extreme booms and busts make life precarious.

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The “Comic-Con” of Energy Conferences Wraps Up in Houston

The huge annual energy gathering known as CERA Week wrapped up on Friday in Houston. The conference, now in its 34th year, brings energy industry leaders and experts together alongside policymakers – and more than a few bomb-sniffing dogs – … Continue reading

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A contract crew drills an oil well for Elevation Resources in Andrews County, north of Odessa. (Travis Bubenik / KRTS)

Midland-Odessa Stays Positive, but Oil Price Drop Won’t Be Easy

The falling price of oil is great news for consumers who are saving at the gas pumps, but in the center of the nation’s highest-producing oil field, cheaper gas means the economy’s hurting. Drilling is already slowing down, and people in Midland-Odessa … Continue reading

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