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Odessa American in Odessa, Texas

18 Jan 2016

Page 5

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Odessa American January 18, 2016 Page 5 old newspaper archives

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Jan 18, 2016

Page

5

Bust hits oil patch as prices drive down in Texas

The Texas oil field downturn reaches Concan and Zavala County as lenders tighten and rigs fall from 840 last January to 321 now. Oil prices below 40 dollars prompt layoffs, postponed capital spending, and fading activity in Eagle Ford with hedges expiring by mid-2016. Experts note the cycle turned by late 2014 as cheap money funded overinvestment and shale gains fade.

MENTIONED IN THIS ARTICLE

Collier San Antonio Express- News Concan Zavala County Texas South Texas Wall Street Morningstar David Roth Elder Bray Ness Eagle Ford South San Antonio Roth Michigan Raul Rios Padgett Stratemann Rios Collier's Ranch America Kelly Leininger Nacogdoches Chuck Shepherd Galveston Ologist Houston
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U S European ocean monitoring satellite in orbit

The Jason 3 satellite, designed to measure ocean phenomena such as El Niño and La Niña, reached orbit aboard a SpaceX rocket from Vandenberg. It continues over two decades of sea level data with radar altimeter and GPS for precise positioning, aiding climate and weather monitoring.

MENTIONED IN THIS ARTICLE

Los Angeles Spacex Vandenberg Air Force Base Los An Pacific International Space Station Pacific Ocean
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Retirement secret for seniors 62 plus homeowners

The piece explains how HECM reverse mortgages let homeowners 62 and older access home equity with no monthly loan payments while living in the home. It highlights rising home values, potential benefits, and cautions about rumors, urging interested homeowners to contact American Advisors Group for a free information kit.

MENTIONED IN THIS ARTICLE

Ronald Reagan American Advisors Group
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Also Mentioned on This Page

THE Associated Press Batesville Charlie Cavazos Benavides Cavazos Jerry Lara SAN Antonio Express-News Michael Viera Richard Collier Saag Romer U.S.A S No.1 Reverse Mortgage Company HUD FHA Roy Oklahoma Margaret North Carolina National Association of Realtors U.S Margaret Tennant
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