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Coronavirus in Texas

"All of the party was over": How the last oil bust changed Texas

A plunge in oil prices in the 1980s had ramifications across the state — even without landing at the same time as a pandemic and economic crisis.

Downtown Midland, Texas office buildings lacking for tenants during the oil bust, October, 1987.   Photos by Bob Daemmrich  …
A real estate foreclosure auction on the steps of the Travis County Courthouse in Austin during the 1980’s oil bust.
Real estate foreclosre auction on the steps of the Travis County Courthouse in Austin.
Former Governor John Connally.
Idle oil rigs during the bust of the late 1980's in Brown County.

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