After COVID-19 tanked oil prices, Texas’ oil and gas industry rebounded. By 2024, operators were drilling record amounts of oil. Each barrel sold for at least $70, bringing profits and momentum that ...

Throughout American history, access to natural resources has helped determine which states and cities gained economic advantages, and few resources have been as transformative as oil and natural gas.

Texas oil and gas companies will earn higher profits due to the Iran war, but sustained high prices could trigger a global ...