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Houston Scrambles To Remain The Energy Capital Of The U.S.

From oilprice.com

The United States shale sector is at a crossroads. Houston, the capital of the nation’s oil and gas industry, is at the metaphorical and industrial center of a struggle for the country’s unfolding post-covid energy landscape. The writing is on the wall: the renewable revolution is here to stay, and while the sun hasn’t set on oil yet, the industry will never see growth the way that it has in the past couple of decades. Oil is still highly relevant in Houston, but that is going to change, whether oil tycoons and Texas politicians like it or not. Even one of the city’s top oil bankers agrees that Houston needs to join ... (full story)

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  • Category: Fundamental Analysis