Mon, 8 June 2020
The day-by-day of the global price of oil looks a prize fight starring Sylvester Stallone’s Rocky Balboa… it’s hit! It’s cut, it’s staggered, it’s down! But not out, NO! Oil, like Rocky, is getting back on its feet. $40 a barrel oil, -- break-even or better for some American producers -- is in sight. But will it last? And what does this mean for state revenues for gas and oil dependent New Mexico? Oil economist Janie Chermak of UNM sorts it out in depth.