Texas Lawmakers Brace For A War On The Oil & Gas Sector

Texas lawmakers are circling the wagons. Politicians from the Lone Star state are preparing for an escalating war on oil and gas, the lifeblood of the Texan economy, and they’re determined not to go down without a fight.  The Permian Basin has been in a bad way for years now. Even before the spread of the novel coronavirus dealt a devastating blow to global oil demand in general and the West Texas Intermediate crude benchmark in particular, the United States shale revolution had been in decline for years as wells aged, glut swelled,…