Dr. Perryman compares past and current numbers and breaks down what that means for the manufacturing industry.
Dr. Perryman explains the Railroad Commission's decision to avoid cutting production, and why this was the correct choice.
Dr. Perryman explains how Texas will be affected by changes in the oil market, especially due to changes in shale production.
Members of the Organization of Petroleum Exporting Countries (OPEC) have agreed to cut crude oil production by 1.2 million barrels per day beginning in January. Russia announced it would cooperate and lower production by 300,000 barrels per day, and there is some chance other nations representing about 20% of global production will also join in following an upcoming meeting.