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
Trump says the U.S. will fix Venezuela’s oil industry. Texas experts say the idea faces hurdles.
Getting U.S. companies to produce Venezuelan oil is going to require “a massive infusion of capital and that has to be acquired from willing investors,” Staples said. “Considering the circumstances globally … that tells me it’s going to be years in the making.”
Will Texas gas prices go up after U.S. raid in Venezuela? Here’s what to know
Gas prices have been falling across Texas, but some drivers may be wondering how long they will stay that way after the recent U.S. raid in Venezuela and arrest of President Nicolás Maduro.
Curious Minds Corner
Why did ancient civilizations use crude oil and bitumen even
thousands of years ago?
Because small natural seepages (“seeps”) of oil and bitumen were accessible at surface — ancient peoples used them for waterproofing, medicine, and even warfare (e.g. incendiary bitumen).