Energy costs are soaring in Texas and throughout the world after a long period of cheap oil and gasoline prices.
HomeTagCrude Oil | The Texan
EnergyFederalDespite Green Energy Rhetoric, Biden Administration Asks OPEC to Ramp Up Oil Production
Brad JohnsonAugust 19, 2021
OPEC appears to have rejected the Biden administration's plea for increased crude oil output.
Last April, oil prices plunged to historic lows but this month, the price of West Texas Intermediate surpassed its pre-pandemic price.
The Keystone XL pipeline project faces a renewed barrier as President Joe Biden revoked its permit granted under his predecessor, Donald Trump.
Elections 2020EnergyVisit by President Trump Highlights Struggle of Texas’ Oil & Gas Industry and the Importance of Recovery
Brad JohnsonJuly 29, 2020
During his stop in the Permian Basin, President Trump contrasted his energy policies with Joe Biden's, as polls show Texas is more competitive than it was four years ago.
Electricity from Texas wind farms hit its highest market share in April, while demand for oil is down over 10 percent resulting in unemployment for many in the industry.
Statewide NewsCoronavirus Positive Test Rate at Five Percent, Abbott Says in State Update
Brad JohnsonApril 21, 2020
At Governor Abbott's latest coronavirus press conference, he announced that for 12 days in a row, the positive test rate has been lower than its April 9 high.
IssuesWest Texas Oil Price Drops Below Zero Dollars as Coronavirus Results in Historic Demand Downturn
Brad JohnsonApril 20, 2020
Oil prices dropped to historic lows today as decreased demand because of the coronavirus pandemic resulted in an oversupply.
EnergyFederalStatewide NewsSanders’ Proposed Crude Oil Export Ban Would Have Significant Economic Consequences for Texas
Brad JohnsonFebruary 6, 2020
In a recent Texas Lyceum poll, Sanders pulled within two points of frontrunner Joe Biden. That poll was done before his export ban executive order proposal was leaked to the Washington Post.