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Gas & Oil Shannon Price

Gas & Oil in Texas

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Gas & Oil

Shannon Price

That stuff that makes your car run

Actual definition: Refined petroleum used as fuel for internal combustion engines

Made from crude oil and other petroleum liquids

What is gasoline?

Gasoline contributes to air pollution The ways we get crude oil contribute to water

pollution (i.e. hydraulic fracturing)

EPA Clean Power Plan: Aimed at combatting climate change Suggests Texas switch to natural gas

Environmental Effects

Texas is the number one oil producing state in

the country

Gas Prices & Texas Economy

Prices this year

The push towards natural gas

Texas has a lot of it, and we’re trying to use it more

This opens up manufacturing jobs in natural gas, but it transitions away from gasoline & oil

What will that mean for Texas?

Current Issues Surrounding Gasoline

http://www.eia.gov/energyexplained/index.cfm

?page=oil_home

http://txlege.texastribune.org/topics/energy/ http://stateimpact.npr.org/texas/2014/09/24/

flow-of-money-from-south-texas-oil-startles-economists/

Sources