Skip to content

Lower Oil Prices Hurt Drilling Communities

The Associated Press reports that “lower oil prices, while good for the broader U.S. economy, are a threat to what has been a surprising and dramatic surge in oil production in the U.S., and to drilling communities that have come to depend on oil money.”  

“‘If the price gets low enough and stays there long enough I’m sure it will affect the number of people and the amount of money that will be spent in the greater community — and I have exposure to that,’ Jundt says.”

Recent Stories

Figures, Dobson win runoffs in redrawn Alabama district

Fundraising shows Democrats prepping for battle in both chambers

Senate readies for Mayorkas impeachment showdown

Panel pitches NDAA plan to improve troops’ quality of life

Biden pitches tax plan in Pennsylvania as Trump stews in court

Supreme Court questions use of statute against Jan. 6 defendants