The Railroad Commission has finalized production reports submitted by oil and gas operators for the year of 2024 and found that production surpassed volumes from 2023, and set new production records.
U.S. oil and gas activity increased slightly in the first quarter, but energy company executives were pessimistic about the sector’s outlook, wary of new trade policies from President Donald Trump’s administration, a Dallas Fed survey showed on Wednesday.
Curious Minds Corner
What are some alternative fuels being developed to replace oil and gas?
Some alternative fuels include biofuels, hydrogen, and electricity.