While production tries to catch up to rising demand, the prices for Texas' most valuable commodities are jumping to levels not seen in years.
The acquisition places ConocoPhillips among the top drilling companies in the Permian Basin.
Execution of the order is postponed until further decision on the case.
The prices Texans pay at the pump have increased of late, but the cause is a complicated mix of policy and macro-economic factors.
Gov. Abbott signed an executive order instructing state agencies to identify potential litigation or other opportunities to prevent federal overreach against the energy industry.
One of the executive orders issued by the Biden administration in the president's first week on the job is a prohibition against new drilling operations on federal lands.
The Keystone XL pipeline project faces a renewed barrier as President Joe Biden revoked its permit granted under his predecessor, Donald Trump.
On this day in 1901, the future of Texas changed dramatically as, like a fountain of fortune, thousands of barrels of oil burst from the earth toward the sky.
Jim Wright joins reporter Brad Johnson on The Texan's "Voices of Texas" podcast to discuss his rise in Texas politics and the state's energy sector.
November's sales tax collections show stronger consumer spending levels, but still indicate a long road ahead when the legislature convenes in January.
Freshman Democrat Lizzie Fletcher has won reelection to Houston-area Congressional District 7 with just over 50 percent of the vote.
Texas' 38 electoral votes will go to Donald Trump, though mailed ballots may keep the national result up in the air.
Texas' oil and gas industry continues to limp through the pandemic, further illustrated by the depreciated production taxes remitted to the state.
The Texan asked candidates in the most competitive Texas federal races to state their position on Democratic presidential candidate Joe Biden's plan to transition away from the oil and gas industry.
Catch up on the week's hottest stories in Texas politics with the reporting team at The Texan.
Texas oil and gas has taken a hit during the pandemic, but the industry has stabilized some since the initial downturn.
Despite adding a net of 40,700 jobs, Texas' unemployment rate increased from August to September due to the workforce contracting.
Biden's energy plan contains aspects of the Green New Deal but he is not in favor of an outright fracking ban. Instead, he's touting a lukewarm version that would phase out drilling on federal land and waters.
Texas' economy as a whole is still showing signs of continued improvement despite Governor Abbott's reclosure order in late June.
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.
