Table of Contents
- Prolonged Low Oil Price Could Exacerbate Pressures
- Operation Categories
- What We Are Watching For In Oil-Producing States
- Related Research
Key Takeaways
- A prolonged period of low oil prices could pressure employment, assessed valuation, and the general economic outlook of local governments throughout oil-producing states.
- We believe that sales tax revenues are at greatest risk for significant declines in oil-producing states, based in part on historical performance during the previous period of low oil prices.
- Risks vary across states given industry exposure, particularly when considering the different facets of upstream, midstream, and downstream operations.