Tag Archives: OPEC
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?
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
Posted in News
Tagged Economy, Energy, Oil and Gas, Oil Glut, Oil Prices, Oil Supplies, OPEC, Texas Railroad Commission
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