Texas legislative preview: 5 things to watch in 2015 (HBJ)

Photo Courtesy of HBJ

Photo Courtesy of HBJ

By Jordan Blum

While the Texas shale boom is ongoing, falling crude oil prices could hit the Texas state budget right where it hurts next year.

Although the budget is more diversified than it has been, a large chunk of it depends on revenue from oil and gas companies. Expect state budget debates to grow more intense over each dollar if crude oil prices remain low, legislative observers say.

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