In early Asian trade on Monday, crude oil prices were climbing after the United States Senate passed a funding agreement that could end the federal government shutdown. At the time of writing, WTI had climbed to $60.20 while Brent was trading at $64.05, both up by roughly 0.7%.
Abbott highlights other factors contributing to Texas’ top ranking: “the number of job-creating corporate relocation and expansion projects, a pro-growth mindset and environment where enterprise can flourish, investments in workforce development and infrastructure, access to technology and tech talent, and a predictable regulatory landscape.”
Curious Minds Corner
What is the gas‑to‑oil ratio (GOR)?
The volume of gas produced per barrel of oil (scf/bbl) under standard conditions.