Houston Wary As Oil Prices Drop Dramatically

HOUSTON, TX - MARCH 25: A woman cleans windows in Houston on March 25, 2015 in Houston, Texas. Texas, which in just the last five years has tripled its oil production and delivered hundreds of billions of dollars into the economy, is looking at what could be a sustained downturn in prices. Crude oil prices today are almost 60 percent lower than they were six months ago. While the Texas economy has become more diversified over the years, oil is still the states largest monetary generator and any sustained downturn would be devastating for employment and the economy. Outplacement firm Challenger, Gray & Christmas this month said a drop in oil prices have been responsible for 39,621 job cuts in the first two months of the year. (Photo by Spencer Platt/Getty Images)
HOUSTON, TX - MARCH 25: A woman cleans windows in Houston on March 25, 2015 in Houston, Texas. Texas, which in just the last five years has tripled its oil production and delivered hundreds of billions of dollars into the economy, is looking at what could be a sustained downturn in prices. Crude oil prices today are almost 60 percent lower than they were six months ago. While the Texas economy has become more diversified over the years, oil is still the states largest monetary generator and any sustained downturn would be devastating for employment and the economy. Outplacement firm Challenger, Gray & Christmas this month said a drop in oil prices have been responsible for 39,621 job cuts in the first two months of the year. (Photo by Spencer Platt/Getty Images)
Houston Wary As Oil Prices Drop Dramatically
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Spencer Platt / Equipa
Editorial #:
467557308
Coleção:
Getty Images News
Data da criação:
25 de março de 2015
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Getty Images North America
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84490623
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3000 x 2000 px (25,40 x 16,93 cm) - 300 dpi - 2 MB