- Texas oil wells produced more than 1.54B barrels of crude in 2018 - despite a 40% commodity price drop during Q4 - beating the previous record of 1.28B barrels set in 1973, TIPRO disclosed in its annual "State of Energy Report."
- Natural gas production also grew, reaching 8.8T cubic feet in 2018.
- "Texas is paving the way for America's energy independence," declared Governor Greg Abbott.
- ETFs: USO, OIL, UWT, UCO, DWT, SCO, BNO, DBO, DTO, USL, DNO, OLO, SZO, OLEM, WTIU, OILK, OILX, WTID, USOI, USOU, USOD, OILD, OILU, USAI, UNG, UGAZ, DGAZ, BOIL, GASL, FCG, KOLD, UNL, GASX, MLPG, GAZB