Falling Price Of Oil Could Curtail Activity 6/21/12
CBS 7 News
June 21, 2012
West Texas - The price of oil is approaching the point that could curtail drilling activity in west Texas.
Today the price is hovering around $80 per barrel, the lowest in months.
Oil and Gas Industry experts say that if the price continues to fall into the mid-70's we will begin to see drilling activity slow down.