Will the CoronaVirus, Oil & Gas Price Declines Impact the Texas State Budget?
“Behind all this is the economic impact of the CoronaVirus, which is still uncertain. We can’t look at the impact of a drop in oil and gas prices on Texas in a vacuum, but the consequences for Texas of the drop in prices will depend on two questions: 1.) How low, and 2.) How long,” says the Texas Taxpayers & Research Association’s (TTARA) president Dale Craymer (right.)