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Oil-Rich West Texas Faces Bust
ResumeIn West Texas, the Permian Basin is home to America's largest oil field. There, just about everyone depends on the energy industry. But with the coronavirus pandemic and the price war between Russia and Saudi Arabia, crude prices have plummeted.
Now, oil companies in West Texas are rolling back operations. Marfa Public Radio's Mitch Borden (@BordenMitch) reports locals are left to wonder if this is the next big bust.
This segment aired on March 20, 2020.