Article From Bloomberg: Double Black Swan Hitting Texas Drags Down the Rest of the U.S.

In all his years in the Texas oil patch, the billionaire Russell Gordy has never seen a bust like this.

© Brittany Sowacke / Bloomberg  

The nightmarish collapse in crude prices that has accompanied the coronavirus pandemic is sinking fortunes across the Lone Star State, the nation’s second-largest economy. And not even Gordy, an oilman since 1973, can see a clear way out.

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