In 2008, the price of oil was at a record peak of $145 per barrel. The U.S. significantly ramped up its own oil production and by 2014 the excess supply caused prices to plummet. Now (Sept. 2015) a barrel of oil costs $45. One town which has been affected by the fluctuation in prices is Karnes City, Texas, which sits in the middle of a massive oil shale reserve. While most residents long for a rebound, one resident sees a benefit to the lower oil prices. Charlie Malik, volunteer firefighter.
Thank you Joe Baker at the Karnes Countywide newspaper.
Music by GlymSkratti, “Duello”.