Houston Matters

Oil production and gas prices (June 6, 2023)

Posted on · On Tuesday's show: We talk about Saudi Arabia’s decision to cut oil production and what that may mean for the oil and gas industry here in Houston and gas prices for consumers in the busy summer travel months.

International

Mexico’s president is reversing energy reforms, hurting his country’s oil production – and the U.S.

Posted on · President Andrés Manuel López Obrador is using administrative measures to undermine the free-market reforms enacted in 2013. As a result, Mexican oil production is now more than 1 million barrels short of where the U.S. Energy Information Administration projected it would be if the reforms were fully implemented.

Energy & Environment

How Soon Until Texas Oil Prices Go Back Up? Experts Are Unsure.

Posted on · Fears over the spread of the Coronavirus paired with a price dispute between Saudi Arabia and Russia have caused oil prices to rapidly drop. The speed at which they'll rebound, however, remains uncertain.