From Texas Standard.
Ford announced recently that it will stop making most of its sedans, because the money is in trucks and SUVs. But now, gas prices are climbing, after four or five years without a significant increase. Like everyone who drives, and even those who travel by other means, Texans feel the impact of higher gas prices right in the wallet. But here, there’s a bit of a silver lining, because so much of the economy, and even the government’s coffers, rely on oil revenue. But with the Texas economy more diverse than ever, what does $3-a-gallon gas mean, on balance?