Will lower gas prices hurt oil-producing economies? #shorts #oil #economy #trump #gas
Bloomberg Televisionยท2025-06-13 22:12
In 2014-15, we had what uh economists call a silent recession in the US. We didn't see growth contract for the whole country. But in this area and other manufacturing areas, there was a big downturn.Um what was it like here. Uh it was bad. People have adapted.I think the uh frenzy that went on after uh were coming into 14 were uh especially the oil companies, the big independents that were drilling uh just to drill as much as they could, just to get as much oil as they could. Uh they learned a lesson in tha ...