Heat Wave Hits Your Wallet: Gas Prices Surge Due to Sizzling Southern States

💰Time is money, and our goal is to help you save yours.

📰 Wake up every day to the top news stories, yesterday’s posted price Bulletins, Nymex and Henry Hub strips.

📊We may even sprinkle in some proprietary data here and there (shh)!

⛽All you need to do is be you and let us handle the rest. 

🆓For those of you who refer friends (3 to be exact), you will also receive our Premium Monthly Newsletter – free of charge.

😃If you’re a Barrel Hub subscriber, then it’s good to see you! 

🤝If not, no worries, there’s still time to fix that. 

🆒If you’re curious, click here… we love to talk about ourselves.

💸Now, on to the good stuff!

Daily Data Dump

The good, the bad, and the ugly of Texas oil production.

Best of the Best 🏆️

Every week, we sift through our proprietary data to find the best performers in Texas.

Never Quit 😢

Similarly, we find the oil producers who need a little help (i.e. call Barrel Hub).

If you’re wondering how we get this information, we’re under strict orders from OPEC not to disclose that (but if you want to know you can go here).

Daily Bulletin

Lone Star Stories

Heat Wave Hits Your Wallet: Gas Prices Surge Due to Sizzling Southern States

Extended periods of extreme heat in Southern states are negatively impacting oil refineries in Texas and Louisiana, causing gas shortages and a surge in prices. Potential disruptions from hurricanes and further heat-related outages are anticipated in the coming weeks, while additional pressures from high oil prices and OPEC's reduced crude oil production are expected to keep gas prices elevated.

Texas Two-Steps Towards Cleaner Energy: Yeehaw

Known as the oil capital of the world, Texas is also a leading producer of wind and solar energy, demonstrating that decarbonization and economic growth can go hand in hand. Despite common misconceptions, advancements in clean energy technologies and policy measures have made renewable energy sources more affordable than traditional ones, debunking the myth that they impose a heavy financial burden on the middle class.

Reader Question of the Day

How are carbon capture and storage technologies being utilized in the oil industry?

Carbon capture and storage (CCS) technologies are being adopted in the oil industry to reduce carbon dioxide (CO2) emissions. The capture phase involves trapping the CO2 produced during oil extraction and refining, typically using a solvent or membrane to separate the CO2 from other gases. After capture, the CO2 is transported, usually via pipelines, to a storage site.

The storage, or sequestration phase, involves injecting the CO2 deep underground into geological formations such as depleted oil or gas fields or saline aquifers. Additionally, captured CO2 can be used in Enhanced Oil Recovery (EOR), where it is injected into oil fields to increase pressure and improve oil recovery. While CCS technologies are integral to reducing greenhouse gas emissions in the industry, challenges like high costs, public acceptance, and regulatory issues remain for their broader implementation.

Sources 1