Breitbart Optimistic About Lower Gas Prices

An economist explains why Texas economy won’t be affected by lower gas prices, and his rational is solid: 

“Even though the oil industry and gas has been thriving in recent years, the Texas economy is no longer dependent on it for ups and downs,” gas and oil economist Karr Ingham told Breitbart Texas. “The oil and gas industry has not gotten smaller–rather, the overall Texas economy has gotten bigger. The state economy is now a powerhouse. It is more than just an oil and gas economy; it is an industrial economy, a tech economy, a business economy, a manufacturing economy…We are much better positioned in terms of experiencing a long period of economic difficulty than we were in the ’70’s.” [Breitbart]