From Houston Public Media:
Even if you’re not the type of person that follows daily oil prices, you’ve probably heard that the market has been on a roller coaster lately.
There’s fear over spread of the coronavirus, and Saudi Arabia and Russia failed to make a deal over the rate of production. Now both countries say they’ll flood the market with inexpensive oil.
While many places will feel the economic impact of both these international issues, Houston is especially vulnerable.
But just how much?