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Texas oil firms increase production amidst elevated prices during U.S.-Iran War
By Natalie Weber at Houston Public Media (NPR/PBS)
· 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 The Bellaire
For Bellaire residents, the modest increase in oil production by Texas firms may have a direct impact on their daily commutes and household budgets. As a community within the Houston area, Bellaire is closely tied to the energy industry, with many residents employed in or adjacent to the sector. If oil prices remain elevated, it could lead to higher gasoline prices, affecting the cost of transportation for locals. Additionally, the uncertainty among energy executives about whether prices will hold suggests that the economic benefits of increased production may be short-lived. As the U.S.-Iran War continues, Bellaire residents will be watching closely to see how the conflict affects the local energy industry and, by extension, their own economic stability. The city's proximity to Houston, a major hub for the oil and gas industry, means that any fluctuations in the energy market will have a ripple effect on the local economy.
About this story
Original reporting by Houston Public Media (NPR/PBS) . The Bellaire 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 (NPR/PBS) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 13, 2026 ·
Source: Houston Public Media (NPR/PBS) ·
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 (NPR/PBS) and curated for The Bellaire readers.
Who reported this story? This story was reported by Natalie Weber at Houston Public Media (NPR/PBS). To learn more about how The Bellaire selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The Bellaire, or browse our daily briefing and topic hubs .
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