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The Latest Breaking News from Ed Longanecker

Record oil production in West Texas helps stabilize U.S. supply amid Iran war

Production in West Texas has helped the U.S. stabilize its demand for foreign oil amid the Iran war, despite drilling fewer oil wells.

The Texas Tribune

Corpus Christi’s crucial refineries look for alternate water supplies amid looming water crisis

The city produces 5% of the nation’s refined products like gas and jet fuel, and experts say a serious water shortage could force production down and push fuel prices up even further.

The Texas Tribune

Texas oil companies stand to profit from Iran war disruptions while consumers face higher gas prices

Texas’ status as the nation’s largest oil producer will partially insulate its residents from some gas price hikes, but it’s not immune to disruptions, experts say.

The Texas Tribune

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Trump has promised cheaper oil. Texas’ economy could pay a price.

A possible flood of South American oil would hinder the state’s production of fuel, some experts say, making it hard to break even on costs.

The Texas Tribune

Trump says the U.S. will fix Venezuela’s oil industry. Texas experts say the idea faces hurdles.

Texas-based oil companies have largely been silent on Trump’s assertion that they would help to rebuild Venezuela’s oil infrastructure.

The Texas Tribune

West Texas wants to sell its natural gas to AI data centers, but has few options for transporting it

Other smaller oil and gas producing regions in the state are better poised to help power the growing data center market, a new report found.

The Texas Tribune

Texas creating task forces to target Permian Basin oil field thefts

Texas lawmakers passed a suite of bills that officials said are crucial to combat losses in the state’s largest oil field.

The Texas Tribune

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West Texas, oil companies brace for downturn following Trump’s tariffs

Supply chain disruptions and policy decisions can significantly change these costs for oil companies — and consumers.

The Texas Tribune

Texas Democrats try to convince voters they aren’t bad for oil and gas

Candidates like Beto O’Rourke and Mike Collier say they want to work toward a cleaner energy future but aren’t looking to eliminate the energy jobs that boost Texas’ economy.

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