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In 1983 oil prices in texas fell from $34 to $10 per barrel causing oil firms to struggle to stay in business which ultimately led to many Texans losing their jobs this period of great profits followed
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In 1983 oil prices in texas fell from $34 to $10 per barrel causing oil firms to struggle to stay in business which ultimately led to many Texans losing their jobs this period of great profits followed by a sharp decline is known as

User MLEN
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Deflation is what this is
User Janielle
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Deflation is when the prices dropped and sorry to you fellow texans of 1983 that lost their jobs

User Ext
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