[lbo-talk] Texas oil question

[Yoshie Furuhashi]

At 4:50 AM -0400 5/25/03, Michael Pollak wrote:
>During the 90s, oil prices were very low.  It was generally credited 
>as being a major factor in powering the US economic boom.
>
>So was the Texas oil economy in depression in the 90s?  I don't 
>remember ever hearing a thing about it.  (Unlike in the 1980s, in a 
>similar situation, where the discrepency between the Reagan boom and 
>the Texas oil fields depression was the stuff of Larry McMurtry 
>novels.)

<http://www.bidc.state.tx.us/overview/2-2te.htm#Income>
<http://www.dallasfed.org/eyi/regional/9907.html>
-- 
Yoshie

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