I've posted a video for the studio version of this, but here's Steve Earle doing it live in concert:
Ye Olde Podcaster bows to the holy trinity of country songs: Hank Williams' "I'm So Lonesome I Could Cry," George Jones' "He Stopped Loving Her Today," and the immortal "Ring of Fire" (Johnny Cash OR June Carter Cash, can't go wrong either way). But this one's a mighty fine contender.
And apparently Shawn Colvin covered it. Ye Olde Podcaster MUST get his hands on a copy of that.
Steve Earle - Essential Steve Earle
Shawn Colvin - Cover Girl