The fracking boom that resuscitated the Texas oil fields has also beaten up the infrastructure in the Permian Basin, the state’s biggest oil and gas drilling region.
Oil prices diverged on Tuesday as a maritime and energy truce between Russia and Ukraine offset concerns about tighter global supply due to threatened U.S. tariffs on countries buying Venezuelan production.
Curious Minds Corner
What are some alternative fuels being developed to replace oil and gas?
Some alternative fuels include biofuels, hydrogen, and electricity.