In the last six months, the price of oil has fallen 36 percent, shaking producers, energy investors and some governments. Such steep drops used to be bad news, usually a signal of global recession. This time, a global glut is driving down oil prices, thanks largely to the shale boom that started in Texas.
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Is a policy analyst consultant for TCAP, a coalition of political subdivisions in Texas that purchase electricity in the deregulated market for their own governmental use. Because energy costs are typically a significant budget item to our members, TCAP is consistently looking for ways to save our members money, through cost-saving contracts, energy efficiency or demand response programs.