Texas energy data wrap: Government agency says WTI crude oil price to trend downward in 2020

The U.S. Energy Information Administration expects oil prices to continue to trend slightly downward in 2020, with that year’s forecasted average West Texas Intermediate price almost $2 lower per barrel than the 2019 forecast, according to data published by the agency. Here are four data points to know in Texas energy this week.

U.S. dry natural gas production set a new record in 2018, with Texas producing more than any other state, according to a report published by the U.S. Energy Information…

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