During his tenure, the Railroad Commission issued a framework for a pilot program using recycled produced water. Texas oil and natural gas companies in the Permian Basin are producing 5.5 million barrels of oil a day and 25 million barrels of water used to pump it. There are 42 gallons in a barrel.
U.S. Gulf Coast refiners are reaping the strongest margins in years as disruptions to Middle Eastern oil flows from the Iran war raise demand for U.S. fuel exports, analysts and experts said. Asian and European refiners have been hit hard by a slump in Middle Eastern crude exports due to Iran’s blockade of the Strait of Hormuz, forcing some to cut production.
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.