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Jan 29

Our Texas State Budget: What Legislators Need to Know About the Recent Oil Slump

image004“Our Texas State Budget: What Legislators Need to Know About the Recent Oil Slump”

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FEATURING
Marc L. Flaster

of Wall Street’s Sandler + O’Neill Partners

 

Dale K. Craymer
of the Texas Taxpayers & Research Assoc.

11:00 am – 1:00 pm
Friday, January 30th, 2015
823 Congress Ave. 2nd Floor Conference Room
Austin, TX 78701

• Saudi Arabia needs $99 oil to balance its budget this year
• Iran needs $140 oil to balance its budget
• Venezuela needs $117 oil to balance its budget
• At $100, oil revenues provided 40% of the Russian budget
• Oil in world markets has fallen 55+% in price over the past 12 months
• What do Texas Legislators need to know for the Texas State Budget?

— Contact Us at the Austin Economic Club’s link here to RSVP,
or call 512-659-8878 for reservations.

Sponsored by:1e

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