The Traderszone Network

Published in TZ Latest News 28 January, 2015 by The TZ Newswire Staff

Crude Contagion: California’s Kern County Declares Fiscal Emergency Due To Plunging Oil Price

At this point only an act of god, or a sudden Saudi change of heart to cut crude production by 50% (unclear which is more probable) can prevent a recession in Texas. However, one state that few thought would be impaired as a result of the crude plunge, is California.

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