	study says oil price fall spurs bankruptcies the sharp drop in world oil prices the past year triggered a pct increase in bankruptcies in the country s oil states according to a study released by the american petroleum institute api api said the dunn and bradstreet study found that business failures rose nationally by pct in over but in the oil patch of the southwest the increase was pct it said bankruptcies in texas were up pct oklahoma pct colorado pct and louisiana pct in alaska failures rose by per cent it said api also said that three of the states with the highest number of bank failures last year were large oil and gas producers texas oklahoma and kansas reuter 
