If the price of oil rises around the world, what will happen to oil production in Texas? *And why*?

Posted by admin on November 16th, 2009 and filed under world oil production | 2 Comments »


Texas has a limited amount of oil most of it has been discovered and not really of any consequence on a global scale.

2 Responses

  1. garryh12 Says:

    Texas has a limited amount of oil most of it has been discovered and not really of any consequence on a global scale.
    References :

  2. meg Says:

    The production will continue to decline but higher prices has slowed the rate of decline in the past because there are some technologies for getting the last drop of oil form wells that is only profitable to use when oil is expensive,
    References :

Leave a Comment

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.