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Oil Price Drop Has Mixed Effects on Texas

Oil rig workers, known as roughnecks, face unemployment as oil prices fall, but the impact is greater in regions like Alaska and North Dakota, where production costs are higher than they are in the Eagle Ford shale area of south-central Texas. Business has even picked up at Rooster Safety in Pleasanton, Texas, where roughnecks buy gloves, helmets and protective gear. Store owner James Strange said he'd been getting orders from company purchasing agents who were content with paying...

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