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

Budget resolution to unlock immigration funds adopted in Senate

Budget ‘vote-a-rama’ for immigration funds kicks off in Senate

Judge warns attorney for Jan. 6 pipe bomber suspect

‘Slipping further down the slope’ toward another ‘vote-a-rama’

Virginia judge blocks certification of redistricting referendum

Democrats celebrate Virginia redistricting win as Jeffries vows ‘maximum warfare’