petroleum consumption

Energy Prices Decline as Supply Increases

The price of crude oil, natural gas, and gasoline has dropped more than 10 percent in recent weeks, but the U.S. Energy Information Administration (EIA) believes higher prices are in the future even though several economic indicators create questions. West Texas Intermediate crude has declined 13 percent since November 2022…

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Alex Mills is the former President of the Texas Alliance of Energy Producers. The Alliance is the largest state oil and gas associations in the nation with more than 3,000 members in 305 cities and 28 states.

 

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