BREAKING NEWS

TONIGHT AFTER THE OLYMPICS: The New Oil Boom

Tonight in a KETK News Special Report, the oil industry is on the rise after a major slump.

In 2016, crude oil prices plummeted below 30 dollars.

This caused massive layoffs and crippled local economies. 

Now, those jobs are coming back.

"The state of the oil industry right now is in a state of recovery from a very deep slump," Raymond Woodward, President of BHL Consulting, Inc. says. "But, it is improving. Employment is improving. Oil and gas prices are improving. We are on the way up."

What this new oil boom means for gas prices and your wallet. 

Tonight on KETK News at Ten after the Winter Olympics. 

 


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