Low Oil Prices: Hard Times Ahead For North Dakota and New Mexico?

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oil rigGas price yesterday at Costco in Albuquerque was $1.63 a gallon. Many gas stations in Albuquerque were at $1.67 a gallon as of Saturday. How far will the price of oil and gas fall?  The state of New Mexico relies on oil money like North Dakota, eastern Montana, and Texas.  This is an interesting look at the situation in North Dakota: Hard times could be ahead for North Dakota’s oil boom towns

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