When Oil Prices Drop, Houston Shakes When the price of oil hit its peak this summer, the city's energy sector took off. Start-up businesses came to Texas and the city had the highest rate of job growth in the country. Now, oil is below $50 a barrel. Mayor Bill White discusses how the city is coping with the decline in oil prices and economic turmoil.
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When Oil Prices Drop, Houston Shakes

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When Oil Prices Drop, Houston Shakes

When Oil Prices Drop, Houston Shakes

When Oil Prices Drop, Houston Shakes

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  • <iframe src="https://www.npr.org/player/embed/98013277/98013257" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

When the price of oil hit its peak this summer, Houston's energy sector took off. Start-up businesses came to Texas and the city had the highest rate of job growth in the country. Now, oil is below $50 a barrel. Alex Cohen talks with Houston Mayor Bill White about how the city is coping with the decline in oil prices and economic turmoil.