Tag Archives: OPEC

Jean Beaufort

As U.S. Oil Production Increases, OPEC Extends Oil Cuts

OPEC – the global oil cartel – has agreed to keep cutting production, a move meant to further stabilize oil prices around the world. But what’s that mean for Texas?

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How the Idea Behind OPEC Started Right Here in Texas

Tomorrow, the Organization of Petroleum Exporting Countries (OPEC) meets in Vienna to try to figure out a way to cut oil production.  For decades OPEC’s set oil prices by controlling supply. So the meeting will be closely watched because it … Continue reading

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