Sunday, April 12, 2015

What impact will falling gas prices have on the Texas Budget?

A few 2306 students have focused on this topic - and here are a few resources that should help you develop a good paper. Remember that your paper much be built upon a strong and narrow topic, some of you have developed one, some of you have yet to.

Here are a few stories and resources that should help for now:

- Bloomberg Business: Energy and Oil Prices.
- Texas Tribune: Texplainer: Do Falling Oil Prices Threaten the Budget?
- Macrotrends: Crude Oil Price History Chart.
- Knoema: Crude Oil Price Forecast: Long Term 2015 to 2025.
- Fiscal Size-Up: Chapter 2 - beginning on page 54 - describes oil and gas taxes.
- Texas Comptroller: Crude Oil Production Tax.
- Texas Comptroller: Natural Gas Production Tax.
- TXOGA: Economic Impact.
- WSJ: Plunging Oil Prices Test Texas’ Economic Boom.
- BetterTexasBlog: IMPACT OF LOWER OIL PRICES TO STATE REVENUE.
- WSJ: The U.S. Oil Story in Seven Charts.