OPEC on Sunday agreed to boost oil production by another 206,000 barrels daily, which will be theoretical only as production in the Middle East remains constrained by the Strait of Hormuz crisis.
The ongoing war is driving global oil market turmoil, pushing the national average for a gallon of gas to $4.11. In Texas, prices are slightly lower at $3.83 per gallon, according to AAA.
Curious Minds Corner
What ancient civilization first used bamboo pipelines to transport natural gas in 500 BC?
China, where locals piped natural gas over 100 miles from Sichuan wells to fuel salt production—predating modern pipelines by millennia.