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Texas Teases with Job Jive: Oil's Not Down in This Town
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The good, the bad, and the ugly of Texas oil production.
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Daily Bulletin
Futures Curve
Lone Star Stories
Texas saw an uptick in upstream employment with an addition of 1,200 jobs in August 2023, and strong job postings in the oil and gas sector, marked by 11,951 active unique job postings during the month.
Florida Gov. Ron DeSantis unveiled an energy plan emphasizing "energy dominance," which would reverse current climate change commitments, greenlight more pipelines, and revive nuclear energy, targeting gas prices of $2 a gallon by 2025.
Reader Question of the Day
What role does thermodynamics play in optimizing the refining process?
Thermodynamics is like the rulebook for how energy and heat work. In refining, understanding these rules is crucial. Refineries heat up crude oil to separate it into different products like gasoline and diesel. Thermodynamics helps them figure out the best temperatures and pressures to use, ensuring they get the most out of each barrel of oil.
By applying thermodynamics, refineries can save energy, reduce costs, and produce more fuel. It's like baking a cake: knowing the right temperature and baking time makes all the difference. For refineries, using thermodynamics means they can "bake" their oil just right, making the process efficient and effective.
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