WTI Nymex Prices 2008

Record oil, gas prices fuel regional oil field activity (Midland Reporter-Telegram)
Record oil and natural gas prices continue to fuel the Midland-Odessa economy. The recent surge in oil prices sent the May Texas Permian Basin Petroleum Index up 17.3 percent above its May 2007 levels.

Oil company lobbying increases with fuel prices (Houston Chronicle)
Amid a national backdrop of rising gasoline prices, oil and natural gas interests have pumped up their spending on lobbying while working to thwart Democratic initiatives in Congress.

High gas and oil prices fuel state funds (Austin American-Statesman)
It might not feel like it when filling the tank or paying the utility bill, but the sustained high prices of oil and natural gas could be a benefit for the overall Texas economy.

New exhibit to highlight state's oil and gas industry (The Oklahoman)
A new exhibit about oil and natural gas, its business and its effect on our state might not be the most popular idea with gas prices nearing $4 a gallon. But Bob Blackburn, executive director of the Oklahoma Historical Society, wants Oklahomans to know the Sooner State wouldn't be what it is today without the energy business and its companies. A donation of Kerr-McGee items to the society from ...

Water may become a hot investment (Pioneer Press)
Corporate raider and oilman T. Boone Pickens has been buying up water rights in the Texas Panhandle in the belief that water is going to become scarce and salable. This follows the logic that climate change, shrinking lakes and rivers and population growth will make increasing portions of the world susceptible to water shortages.

Water firms offer opportunities for investors (Deseret Morning News)
Battles over water rights for survival and economic growth were dramatically depicted in the films "Chinatown" about Los Angeles and "The Milagro Beanfield War" about the American Southwest.