{"id":3023,"date":"2014-12-15T12:02:01","date_gmt":"2014-12-15T17:02:01","guid":{"rendered":"http:\/\/olduvai.ca\/?p=3023"},"modified":"2014-12-15T12:02:01","modified_gmt":"2014-12-15T17:02:01","slug":"early-slowdown-signs-emerge-for-u-s-oil-states-after-crude-slide-reuters","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=3023","title":{"rendered":"Early slowdown signs emerge for U.S. oil states after crude slide | Reuters"},"content":{"rendered":"<p><a href=\"http:\/\/www.reuters.com\/article\/2014\/12\/15\/us-usa-oil-economy-idUSKBN0JT0H420141215\">Early slowdown signs emerge for U.S. oil states after crude slide | Reuters<\/a>.<\/p>\n<p style=\"font-size: 15px; font-family: georgia, 'times new roman', serif; line-height: 23px; padding: 0px; margin: 0px 0px 20px 0px;\"><span class=\"articleLocatio&lt;\/span&gt;n\">(Reuters) &#8211; After leading the U.S. economic recovery out of recession, some of the nation&#8217;s top oil states are showing early signs of a slowdown as a result of the plunge in crude prices.<\/span><\/p>\n<p style=\"font-size: 15px; font-family: georgia, 'times new roman', serif; line-height: 23px; padding: 0px; margin: 0px 0px 20px 0px;\">In Houston, Texas, the first oil industry layoffs have been announced, with realtors there predicting a sharp decline, up to 12 percent, in home sales next year.<\/p>\n<p style=\"font-size: 15px; font-family: georgia, 'times new roman', serif; line-height: 23px; padding: 0px; margin: 0px 0px 20px 0px;\">Alaska&#8217;s 2015 fiscal year budget revenue forecast will have to be lowered by almost $2 billion, according to Fitch Ratings, because of the sharp drop in the state&#8217;s forecast crude prices. That will widen Alaska&#8217;s budget gap to almost $3.4 billion, Fitch said in a Dec. 11 report.<\/p>\n<p style=\"font-size: 15px; font-family: georgia, 'times new roman', serif; line-height: 23px; padding: 0px; margin: 0px 0px 20px 0px;\">States such as Texas, North Dakota, Alaska, Oklahoma and New Mexico are all likely to feel strains next year, Wells Fargo Securities municipal analyst Roy Eappen said in a recent report.<\/p>\n<p style=\"font-size: 15px; font-family: georgia, 'times new roman', serif; line-height: 23px; padding: 0px; margin: 0px 0px 20px 0px;\"><!-- [if gte mso 9]><xml>\n <w:WordDocument>\n  <w:Zoom>0<\/w:Zoom>\n  <w:DisplayHorizontalDrawingGridEvery>0<\/w:DisplayHorizontalDrawingGridEvery>\n  <w:DisplayVerticalDrawingGridEvery>0<\/w:DisplayVerticalDrawingGridEvery>\n  <w:UseMarginsForDrawingGridOrigin\/>\n <\/w:WordDocument>\n<\/xml><![endif]--> <!--StartFragment--><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 13.0pt; font-family: LucidaGrande; color: #282828;\">&#8230;click on the above link to read the rest of the article&#8230;<\/span><\/p>\n<p style=\"font-size: 15px; font-family: georgia, 'times new roman', serif; line-height: 23px; padding: 0px; margin: 0px 0px 20px 0px;\"><!--EndFragment--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Early slowdown signs emerge for U.S. oil states after crude slide | Reuters. (Reuters) &#8211; After leading the U.S. economic recovery out of recession, some of the nation&#8217;s top oil states are showing early signs of a slowdown as a result of the plunge in crude prices. In Houston, Texas, the first oil industry layoffs [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,3],"tags":[246,588,1775,723,1934,834],"class_list":["post-3023","post","type-post","status-publish","format-standard","hentry","category-economics","category-energy-2","tag-economy","tag-oil","tag-oil-price-collapse","tag-shale-oil","tag-shale-oil-states","tag-us"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/3023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3023"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/3023\/revisions"}],"predecessor-version":[{"id":3024,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/3023\/revisions\/3024"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}