Shale oil transforms rural Texas

Barney Jopson visits the once sleepy town of Carrizo Springs in Texas, transformed into a hive of activity thanks to the boom in shale oil and gas. He hears about the good and bad the industry has brought and reports on how the oil price is threatening the economy.

Read the global perspective on world events

Click here for more FT World videos

For more video content from the Financial Times, visit

Subscribe to the Financial Times on YouTube;

About the Author
Forex Alchemy is your daily source of cutting edge information, tips, tools, articles, analysis from across the Forex trading industry. If you would like to guest post or contribute regular articles on Forex Alchemy then please contact us here.

Leave a Reply