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Texas Oil Production Hits Record, Stabilizes U.S. Supply

4/10/2026

36 3 Full Breakdown

Center

Texas Oil Dominates

Texas produced nearly half of U.S. oil last year, helping stabilize supply amid global disruptions.
Record output reached 13.6 million barrels per day, with 6.6 million bpd from the Permian Basin.
Industry leaders say Texas oil provides geopolitical leverage and reduces dependence on foreign oil.
Declining rig counts raise concerns about future production sustainability.
U.S. refiners gain from higher demand for fuel exports and margins.

Left

Texas Farmers Struggle

The closure of the Strait of Hormuz causes fertilizer shortages and price increases for Texas farmers during the spring planting season.
Dr. Mark Welch of Texas A&M University warns this disruption echoes the price spikes seen after Russia's invasion of Ukraine.
Increased fertilizer costs will raise grain prices, affecting livestock feed and consumer prices.
Some farmers have secured supplies before the surge.

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Texas Oil Dominates

Texas produced nearly half of U.S. oil last year, helping stabilize supply amid global disruptions.
Record output reached 13.6 million barrels per day, with 6.6 million bpd from the Permian Basin.
Industry leaders say Texas oil provides geopolitical leverage and reduces dependence on foreign oil.
Declining rig counts raise concerns about future production sustainability.
U.S. refiners gain from higher demand for fuel exports and margins.

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