It's not just the stock market that's slipping. Oil prices dropped 10 percent this week, falling below $60 a barrel for the first time this year.
oil & gas production
The resurgence of the oil industry can be traced back to what happened in Congress one day in December 2015.
Crude oil is hotter this year than the Dow, the Nasdaq and even bitcoin.
A bipartisan group of New Jersey elected officials has teamed up to ask the Trump administration to stop talks of allowing offshore drilling off the coast of their state.