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Coronavirus and Its Impact on the Texas and U.S. Economy

David Holt, CEA President speaks on the impact that the Coronavirus is having on the oil and gas industry. When it comes to global affairs, even the smallest economy can be affected.

“For instance, oil prices have dropped dramatically for the last few days and reached its lowest point in over a year. David Holt with the Consumer Energy Alliance explains why.

 

Exports and imports in and out of China has been significantly curtailed. That’s been the biggest immediate impact on the price of oil,” Holt said.”

Read more – KTRH News Radio

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