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Texas oil firms increase production amidst elevated prices during U.S.-Iran War
By Natalie Weber at Houston Public Media (NPR/PBS)
· July 13, 2026
· 1 min read
Oil production increased "modestly" during the second quarter, according to the Federal Reserve Bank of Dallas. However, energy executives remained divided over whether prices would hold.
Key takeaway However, energy executives remained divided over whether prices would hold.
Why this matters in The Piney Point
The modest increase in oil production by Texas firms during the second quarter has significant implications for the local economy in Piney Point Village and surrounding areas. As a major hub for the energy industry, Houston's fortunes are closely tied to the fluctuations in oil prices. With elevated prices driven by the U.S.-Iran War, local businesses that support the oil and gas sector, such as equipment suppliers and service providers, may see an uptick in demand for their services. However, the divided outlook among energy executives on whether prices will hold suggests that local companies should remain cautious in their investment and hiring decisions. The Federal Reserve Bank of Dallas's assessment will likely be closely watched by local leaders and businesses, as it may influence decisions on infrastructure development and workforce development initiatives in the region.
About this story
Original reporting by Houston Public Media (NPR/PBS) . The Piney Point surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit Houston Public Media (NPR/PBS) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 13, 2026 ·
Source: Houston Public Media (NPR/PBS) ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? Oil production increased "modestly" during the second quarter, according to the Federal Reserve Bank of Dallas. However, energy executives remained divided over whether prices would hold.
When was this published? This article was first published on July 13, 2026 by Houston Public Media (NPR/PBS) and curated for The Piney Point readers.
Who reported this story? This story was reported by Natalie Weber at Houston Public Media (NPR/PBS). To learn more about how The Piney Point selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The Piney Point, or browse our daily briefing and topic hubs .
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