This week, oil prices dropped below $50 for the first time since February, a development that could upend the state’s predictions of oil revenue for this year. Estimates from the Comptroller of Public Accounts put oil prices at an average of just over $64 per barrel in 2015 and 2016. And, as of now, those […]
Economists and state officials are reaching for their calculators as to predict how the Texas economy will respond to lower oil prices. We’re already seeing falling oil and natural gas revenues pinch incomes and constrain spending, including layoffs at some energy companies. But is there also a silver lining? Could the downturn in the energy […]
By now, the initial surprise over low gas prices has worn off. But people looking for the very best deals might have noticed a trend: small, unbranded gas stations are often the first to cut prices. Many of them continue to stay competitive even when larger brand-name stations cut their prices as well. To understand […]
It’s a sign of success: having your own plane and being your own pilot. In fact, Houston ranks third in the nation for the number of corporate chief executives who have pilot licenses. Dallas ranks sixth. But as highlighted by a tragedy earlier this spring in West Texas, there may be an added risk. But […]
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