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6 of the 8 top oil-pumping states hit recession

from USA Today

America's economy is looking solid overall these days, but depressed prices for domestic oil production tipped six of the eight biggest oil-pumping states into recession last year, according to a new report. As oil prices dipped as low as $27 a barrel at one point early last year before recovering, recession came to Alaska, Louisiana, New Mexico, North Dakota, Oklahoma and Wyoming, according to the S&P Global Ratings report. more

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