 A national recession greatly affected the city's economy in 1982, as areas of Texas and Oklahoma heavily dependent on oil suffered the freefall in gas prices due to a glut, and a mass exodus of oil industries. Tulsa, heavily dependent on the oil industry, was one of the hardest hit cities by the fall of oil prices. By 1992, the state's economy had fully recovered, but leaders worked to expand into sectors unrelated to oil and energy.
