Texas schools and property tax cuts rely on a Saudi dictator driving up oil prices
Texas Railroad Commission, which regulates the state's oil and gas industry, helped stabilize oil prices
As the world’s largest producer, Saudi Arabia has been the de facto OPEC leader. But the cartel’s power has waned as a brash Saudi crown prince assumed control, Texas emerged again as an oil exporter and Russia invaded Ukraine. Last year, when wealthy countries began economically isolating Russia, traders drove prices up to $120 a barrel amid fear of losing 10 percent of world supply. But the United States and the European Union instead put a price cap on Russian oil to limit profits. Russia kept exporting, and the price cap drove down prices.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Tomlinson: Oil billionaires back activists on crusade to defend impeached Texas AG Ken PaxtonPolitical activists financed by two billionaire oilmen — famous for backing right wing Republicans — are riding like cavalry to save suspended Attorney General Ken Paxton from a scalping in the Texas Senate.
Leer más »
Tomlinson: Billionaires finance Paxton's defendersOilmen who back GOP's religious right may have the votes to stop the removal of Ken...
Leer más »
Texas ranks #2 in top dog attacks against U.S. Postal ServiceTexas has a total of 404 total dog attack incidents and three Texas cities are in the Top 9 - with Houston at 1 with 57 incidents, Dallas at 3 with 44 incidents, and San Antonio at 9 with 32 incidents in 2022.
Leer más »
Allstate stops issuing property insurance policies in CaliforniaCosts and wildfires have reportedly caused Allstate to stop offering new property insurance to Californians after State Farm made a similar decision. MORE ⬇️
Leer más »
The huge Less Ranch property near Boerne gets new ownerThe 2,269-acre property had been listed for $54.5 million. It was previously owned by John and Greli Less and their family.
Leer más »
Resident of collapsed Iowa building sues property owner and contractorsA resident of the Iowa building that partially collapsed is suing the building owner, the city of Davenport, and engineers and contractors who worked on the building, alleging that they knew it was failing but intentionally kept tenants in the dark.
Leer más »