When I first came to Texas, I knew almost nothing about the oil industry or the people in it. As I filled up my tank on the move from North Carolina to Texas, I was appreciative of the lower gas prices. I did not realize the profound effect those prices have on the thousands of people who work in the oil industry. Oil prices have dropped from $100 a barrel last year to below $50 last week. With that drop, Texas could lose 140,000 oil field jobs this year. Since February, I have worked on a project that looks into how life in the Eagle Ford Shale is changing as oil prices plummet.
Please take a moment to read Jennifer Hiller’s story. It is absolutely beautifully written.