In the Texas oil industry, production has seen a modest increase during the second quarter. This growth comes as prices are elevated, a circumstance attributed to the U.S.-Iran War. The Federal Reserve Bank of Dallas has reported this increase in oil production.

However, opinions among energy executives are varied regarding the future of prices. For more specific information on the current state of Texas oil production and the outlook of energy executives, readers can refer to the original report from the Federal Reserve Bank of Dallas, as covered by Houston Public Media.