Dec. 28 — Crude oil prices hit three-year highs in the spring and dropped to a 14-month low in December. Permian Basin drillers were hobbled all year by oil and natural gas pipelines that were straining capacity. And still, oil production increased by nearly 900,000 barrels per day in 2018.
Is a policy analyst for TCAP, a coalition of cities and other political subdivisions that purchase electricity in the deregulated market for their own governmental use. Because high energy costs can impact municipal budgets and the ability to fund essential services, TCAP, as part of its mission, actively promotes affordable energy policies. High energy prices also place a burden on local businesses and home consumers.