In Texas, residents are riding out the latest oil bust

 

Fort Worth Star-Telegram -- The week before Christmas, restaurant owner Terry Stevens warmly shook hands with oil workers and wished them a happy holiday as they walked out the door, some possibly for the last time.
Stevens, a 52-year-old Michigan transplant, moved to this West Texas outpost five years ago, before the latest oil boom. Workers flocked to the Mexican restaurant as well as the sports bar he and his wife own because of menus promising five-egg omelets and dragon-size hamburgers.
But now, with the price of oil plummeting and energy companies cutting back on activity, Stevens is experiencing his first oil bust. But the affable former Wal-Mart district manager, dressed in a Dallas Cowboys warmup, says he’s not too worried. He continues to be big on living in Big Lake, though he admits there is some uncertai


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