Crude oil price drops threaten U.S. drillers and state budgets

Crude oil price drops threaten U.S. drillers and state budgets

SHREVEPORT, La. - The price of crude oil has been on a steady decline, dealing a financial blow to domestic drilling operations and raising concerns for state budgets in energy-dependent regions such as Texas and Louisiana.

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Guyana's government should consider protecting its oil production from falling oil prices, as booming oil revenues are set to decline as oil prices