Texas energy groups firmly backed legislation to shore up the West Texas oil counties’ roads, schools, hospitals and other such concerns and they vow continued support now that the associated bills have died once again without hearings in the Senate Finance Committee in Austin.
TotalEnergies expects lower earnings in its upstream and LNG divisions for the second quarter amid a drop in oil, natural gas, and LNG prices compared to early this year and the same time last year.
Curious Minds Corner
How long is the “cooking time” for nature to create oil and gas?
It’s a slow geological process taking tens to hundreds of millions of years under specific underground conditions.