The falling price of oil doesn’t just mean less money for energy companies. It means billions less for states that rely on oil production tax revenue.
In Texas, for example, oil tax money pays for everything from roads to education. With oil prices slumping badly, how bad is it, and how bad could it get? Dave Fehling from Here & Now contributor Houston Public Media went to find out.
Reporter
- Dave Fehling, reporter for Houston Public Media. He tweets @DaveFehling.
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