Boom Goes Bust: Texas Oil Industry Hurt By Plunging Oil Prices

EASTON, TX - FEBRUARY 03: A gas station offers fuel for $1.85 per gallon on February 3, 2015 in Easton, Texas. As crude oil prices have fallen nearly 60 percent globally, many American communities that became dependent on oil revenue are preparing for hard times. Texas, which benifited from hydraulic fracturing and the shale drilling revolution, tripled its production of oil in the last five years. The Texan economy saw hundreds of billions of dollars come into the state before the global plunge in prices. Across the state drilling budgets are being slashed and companies are notifying workers of upcoming layoffs. According to federal labor statistics, around 300,000 people work in the Texas oil and gas industry, 50 percent more than four years ago. (Photo by Spencer Platt/Getty Images)
EASTON, TX - FEBRUARY 03: A gas station offers fuel for $1.85 per gallon on February 3, 2015 in Easton, Texas. As crude oil prices have fallen nearly 60 percent globally, many American communities that became dependent on oil revenue are preparing for hard times. Texas, which benifited from hydraulic fracturing and the shale drilling revolution, tripled its production of oil in the last five years. The Texan economy saw hundreds of billions of dollars come into the state before the global plunge in prices. Across the state drilling budgets are being slashed and companies are notifying workers of upcoming layoffs. According to federal labor statistics, around 300,000 people work in the Texas oil and gas industry, 50 percent more than four years ago. (Photo by Spencer Platt/Getty Images)
Boom Goes Bust: Texas Oil Industry Hurt By Plunging Oil Prices
LICENTIE KOPEN
Hoe mag ik dit beeld gebruiken?
€ 475,00
EUR

GEGEVENS

Beperkingen:
Neem voor gebruik voor alle commerciële of promotiedoeleinden contact op met uw lokale kantoor. Volledige redactionele rechten in het Verenigd Koninkrijk, de Verenigde Staten, Ierland en Canada (behalve Québec). Beperkte redactionele rechten voor dagbladen in andere delen van de wereld. Bel ons voor meer informatie hierover.
Credits:
Redactioneel nr.:
462728138
Collectie:
Getty Images News
Gemaakt op:
03 februari 2015
Datum van uploaden:
Soort licentie:
Release-informatie:
Geen release. Meer informatie
Bron:
Getty Images North America
Naam materiaal:
83615516
Max. bestandsgrootte:
3000 x 2000 px (25,40 x 16,93 cm) - 300 dpi - 896 KB