Tag: Houston oil

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Winners and Losers of Low Fuel Prices: Houston Matters for Wednesday, Jan. 7, 2015

Posted on · Oil prices Monday fell below 50 dollars a barrel for the first time since 2009. That’s a drop of more than 55 percent since June. Sure, gas prices are low, but in a city like Houston, where the oil and gas industry is such a strong economic driver, plunging oil prices are met with hand-wringing. […]

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Houston Matters for Thurs., Nov. 7, 2013

Posted on · Typical projections from the oil and gas industry suggest, thanks in large part to the burgeoning shale oil industry, the United States could become the world’s top oil producer in the next decade. But what if those projections are overstated? Is there a danger in Houston’s economy hinging so significantly on one industry? What should […]