July 5, 2017 Oil and gas activity continues to expand WICHITA FALLS—Oil and gas activity in Texas increased for the sixth consecutive month in May, increasing 5.7 percent over a year ago, according to the latest Texas Petro Index (TPI) released today.All leading TPI indicators registered …
Oil and Gas
Decline In Gasoline Prices Has Motorists Smiling
Decline In Gasoline Prices Has Motorists Smiling By Alex Mills Even though the average price for a gallon of gasoline in Texas averaged $2.11 for the week ending June 19, according to the Energy Information Administration (EIA), gasoline prices dropped below $2 in many locations …
Crude Oil Pricing Can Be Confusing
By Alex MillsThe factors contributing to the price of crude oil have confused many seasoned observers for years.Generally, supply and demand have been the most important considerations. For example, when there is an oversupply, prices decline, which increases demand and consumption. When …