Price Watch
A daily bulletin about oil and gas
The Futures
Oil and gas prices are more than numbers—they reflect global events, technological advancements, and environmental concerns.
Horizon Energy Digest
U.S. Crude Oil Output Set New Record in May: EIA
U.S. crude oil production hit a new monthly record in May 2025, averaging 13.488 million barrels per day (bpd), according to new EIA data released Thursday. That’s a modest 0.2% rise from April’s 13.464 million bpd, but a respectable 2.2% increase year-over-year.
Texas gas prices hold steady despite rising summer demand
The statewide gas price average in Texas is $2.78 per gallon for regular unleaded fuel, according to the AAA Texas Weekend Gas Watch. That price is one cent less when compared to this day last week and is 32 cents less per gallon compared to this day last year.
Curious Minds Corner
Which nation sits on the world’s biggest pile of proven oil?
Venezuela holds the largest volume of proven crude oil reserves.