Originally published by John McFarland.
Native Texan and Austinite Lawrence Wright, longtime journalist and Reporter at Large at the New Yorker, has written about Texas’ love affair with and dependence on oil, in the January 1 issue of the New Yorker. “The Dark Bounty of Texas Oil” is a 10,000-foot flyover of Texas’ oil business, from Spindletop to the Permian Basin. An excellent read.
When I began this blog, US oil and gas production was just beginning to rise out of a 35-year decline.
While Texas oil production is not back to its levels of the 1970’s, its rise since 2019 has been meteoric, fueled by the resurgence of production from the Eagle Ford and more recently the Permian.
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