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Texas oil firms increase production amidst elevated prices during U.S.-Iran War
By Natalie Weber at Houston Public Media
· 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 Spring
The acquisition of Caesars by Fertitta Entertainment has significant implications for the Houston business community, given the company's local roots. As a major player in the entertainment industry, Fertitta Entertainment's expansion into the Las Vegas market could lead to increased economic opportunities and connections between Houston and Las Vegas. The deal may also reflect positively on the city's reputation as a hub for business and entrepreneurship, particularly in the hospitality and gaming sectors. With Tilman Fertitta's recent confirmation as U.S. Ambassador to Italy and San Marino, it will be interesting to see how his new role affects the company's operations and his involvement in the local business scene. As Fertitta Entertainment continues to grow and expand, its presence is likely to remain a notable part of the Houston business landscape, with potential benefits for the local economy and job market.
About this story
Original reporting by Houston Public Media . Spring 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 . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 13, 2026 ·
Source: Houston Public Media ·
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 and curated for Spring readers.
Who reported this story? This story was reported by Natalie Weber at Houston Public Media. To learn more about how Spring selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from Spring, or browse our daily briefing and topic hubs .
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