Texas Oil Boom Amid Iran Conflict

0:00Texas oil producers, the biggest in the nation, are keeping a close eye on that Iran conflict and the Strait of Hormuz, while barrel prices climb past $100. It's got everyone on edge, but folks like those at Pekos Country Energy and Fort Worth say it's straight business as usual, drill hard, produce steady. Their VP of operations, Ray Trevino, breaks it down, crews ain't slowing down amid the chaos. High prices spell a boom with more jobs popping up and production ramping higher. They've danced as boom and bust tango since the mid-1980s without missing a beat. Texans are hurting at the gas pumps from these costs, but it's a win for the industry right now. That global uncertainty ripples out, pushing everyone to stay balanced and avoid overproducing, which could tank prices later. Big move ahead, groundbreaking this April on the America first refining complex in Brownsville, the first new refinery in 50 years. It'll link straight to the Permian Basin in West Texas via Pipeline, churning out sweet

1:00Texas crewed and creating thousands of construction and ops, jobs. Long term though, skyrocketing oil hurts the whole U.S. economy, Trevino's clear on that. He tipped consumers to fill up Wednesdays when pumps run cheaper while producers stick to their drilling schedules without a hitch. This has been El Paso News today, powered by AI. I'm Cory with The Story.