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
Tariffs and Demand Fears Push Oil Prices Further Down
Crude oil prices slumped by 3% earlier this year as traders digested the barrage of tariffs that President Trump unleashed on U.S. trade partners. Between 10% and 34% for the biggest trade partners of the United States, the tariffs are expected to affect demand for pretty much everything, including energy commodities.
Texas oil and gas production statistics for January 2025
The RRC reports that preliminary total Texas reported production for January 2025 was approximately 121 million barrels of crude oil and 1.00 trillion cubic feet of total gas. Updated total reported production for January 2024 was approximately 137 million barrels of crude oil and 1.04 trillion cubic feet of total gas.
Curious Minds Corner
What is the purpose of “pipeline pigging”?
Pipeline pigging involves using devices called “pigs” to clean and inspect pipelines.