Week In Review: August 17, 2018
Friday, August 17, 2018
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August 17, 2018
The U.S. Fish & Wildlife Service and NOAA Fisheries want YOUR opinion! Tell them that the Endangered Species Act needs to focus on species recovery instead of being used as a tool to advance an extreme “Keep It In the Ground” agenda.
Texas is producing more oil than ever this year, and experts think the volume will grow so much over the next few years, we will soon surpass the production of several OPEC countries.
If Texas were a country (it's not, we know, but stay with us), it would be among the top 10 oil producers in the world. And in the next year or so, Texas could be among the top five, surpassing Iran and Iraq.
This data isn't just about bragging rights. The growth means that technology developed partly here in Texas is expanding the supply of a fuel that is crucial to modern human life and keeping the price of that fuel relatively steady. As the use of this technology spreads, it could mean independence and greater freedom for some regions of the world.
Texas is known for oil and natural gas, and thanks to the Permian Basin in West Texas, the Lone Star State isn’t just the top U.S. producer of these resources, but one of the top producers in the world. Just how big is the most prolific shale play?
What Fuels Texas
Thanks to affordable natural gas, San Antonio residents pay an average of 11.1 cents per kilowatt-hour of electricity, lower than the state and national averages.
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