Tag Archives: Economics

Outcome of Iran Nuclear Talks could affect Global Oil Markets

The Energy Information Administration’s (EIA) annual Energy Outlook predicts a rebound in global crude oil prices in the years ahead. The outlook says oil prices will start gradually rising after 2015 thanks to increasing global oil demand. EIA Administrator Adam … Continue reading

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A contract crew drills an oil well for Elevation Resources in Andrews County, north of Odessa. (Travis Bubenik / KXWT)

Midland-Odessa Stays Positive, but Oil Price Drop Won’t Be Easy

The falling price of oil is great news for consumers who are saving at the gas pumps, but in the center of the nation’s highest-producing oil field, cheaper gas means the economy’s hurting. Drilling is already slowing down, and people … Continue reading

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From Pipeline to Pump, How Gasoline Gets to Your Car

By now, the initial surprise over low gas prices has worn off. But people looking for the very best deals might have noticed a trend: small, unbranded gas stations are often the first to cut prices. Many of them continue … Continue reading

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Texas Beef Council Turns Focus to Younger Eaters

It has been 22 years since the racing violins and xylophonic beats of composer Aaron Copland’s “Hoe-Down” from his ballet “Rodeo” poured out of television sets, making “Beef. It’s What’s for Dinner.” one of the most recognizable advertising campaigns of … Continue reading

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What Does Fossil Fuel Divestment Mean For Texas?

“I think it is worth asking ourselves as a society how much longer we think we need to have an oil economy.” — Michael Webber, UT Energy Institute This week in New York, the UN Climate Summit is underway, and the Rockefeller Foundation made … Continue reading

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