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Houston All Smiles While US Economy Sinks

Soaring oil prices keep the money and jobs flowing

By Sam Gale Rosen,  Newser Staff

Posted Jun 21, 2008 6:15 PM CDT

(Newser) – Oil prices are crippling most American budgets, but folks are just fine in Houston—where unemployment sits at 3.8% and luxury jewelry stores and restaurants are jammed with customers. Oil refineries aren't fueling business, either: It's know-how, Daniel Gross writes in Slate. "It's...   Read full story »

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