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Texas has been the poster boy for good economic news in the US, and its decimation by the coronavirus shows what a rough ride every state has in store

2 monthes ago   |   By Business Insider

The coronavirus pandemic is hurting Texas' oil industry and, consequently, its economy, reported Gregory Meyer for The Financial Times .
Oil prices have dropped from $58 to $20, against the backdrop of a Saudi Arabia-Russia oil pricing war.
It's a problem for a state that has seen a population boom thanks to its affordability and strong energy-oriented economy.
Visit Business Insider's homepage for more stories .
The coronavirus pandemic is striking Texas where it hurts: in the oil industry.
As local governments in the state implement stay-at-home orders to help slow the spread of the...
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