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For these US states, cheap oil is not a good thing - CNBC

CNBC

For these US states, cheap oil is not a good thing
CNBC
Several states that are dependent on energy revenue are facing strained budgets due to low oil prices, and at least three — Alaska, Louisiana and New Mexico — are at risk having their credit ratings lowered, according to a report from Standard & Poor ...
Oil's Collapse Hurting States That Were Counting on $50-a-BarrelBloomberg

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