“I think it’s great because it adds competition,” said Diamond. “The financial sector, there’s enough headquartered public companies in Texas to make it make sense."
What does Mexico's new president mean for U.S-Mexico relations? "The two countries have been suffering from an incredible fumbling of the ball in dealing with each other," said Payan. "I think the two countries need to come back to the table."
“Price is always in the background as part of the discussion,” said Finley. The OPEC+ members will decide whether to continue voluntarily cutting production by about 2 million barrels per day. “They have influence but not control over the price."
“This sends a clear message to Democratic elected officials that if you break with the party on key issues, ... you really run the risk of getting primaried and removed from office,” Jones said. “It’s the same type of purge and litmus test we’ve seen in the Republican Party recently.”
With a record number of hurricanes expected this season, the oil and gas industry is particularly at risk. “The Gulf Coast by itself has about half of America’s total refining capacity,” said Finley. "Gulf Coast refineries are also the reason why the United States is the largest exporter of refined products like gasoline and diesel fuel on the planet."