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Energy-Producing States Cope With Falling Oil Tax Revenue03:46

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A truck on I-10 in Colorado County, Texas, hauls drilling pipe in 2013, (Dave Fehling/Houston Public Media)closemore
A truck on I-10 in Colorado County, Texas, hauls drilling pipe in 2013, (Dave Fehling/Houston Public Media)

The falling price of oil doesn’t just mean less money for energy companies. It means billions less for states that rely on oil production tax revenue.

In Texas, for example, oil tax money pays for everything from roads to education. With oil prices slumping badly, how bad is it, and how bad could it get? Dave Fehling from Here & Now contributor Houston Public Media went to find out.

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