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Experts: Lower oil prices pose threat to Texas economy

2014-12-21 00:49:21| Oil & Gas - Topix.net

But lower oil prices are also a risk factor for the overall Texas economy, which depends heavily on the energy industry. In fact, some experts say Texas is in danger of losing billions in revenues and hundreds of thousands of jobs due to the declining price of oil.

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Will Lower Oil Prices Threaten Whiting Petroleum, the New King of Bakken?

2014-12-20 15:45:12| Electronics - Topix.net

Earlier this month, Denver-based Whiting became the leading Bakken producer by closing its $3.8 billion acquisition of Kodiak Oil & Gas. The combined entity produced almost 128,000 barrels of oil equivalents a day during the third quarter.

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Winnebago - Beneficiary Of Lower Gas Prices And An Improving Economy

2014-12-03 22:53:49| Mobile Homes - Topix.net

Winnebago Industries is one of the great American companies and a survivor of the highly cyclical recreational vehicle industry. Thriving during the go-go pre-Great Recession period and seeing sales dwindle during later part of the last decade, the company has experienced resurgence in the last three years.

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What lower oil prices mean for Canadian rails

2014-12-02 18:55:30| Railroads - Topix.net

Black tank cars used to transport crude oil from North Dakota are parked among other rail traffic at a train yard in Tacoma, Wash. Declining oil prices will likely have a negative impact on Canadian railroads given their exposure to the energy sector, but the damage may not be as bad as some expect.

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Toronto market headed for lower open amid weak oil prices, overseas indexes

2014-12-01 15:13:39| Oil & Gas - Topix.net

The Toronto stock market appears headed for a soft opening with U.S. market futures, most overseas markets and oil prices moderately lower. The Canadian dollar is at 87.66 cents US, up about a quarter-cent from the Friday's close at 87.41 cents US.

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