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The economy of Houston is based primarily on the energy industry, particularly oil.However, health care, biomedical research, and aerospace also constitute large sectors. In 2021, the gross domestic product (GDP) of the Houston–The Woodlands–Sugar Land metropolitan statistical area (MSA) was 537 U.S. dollars billion, the fourth-largest of any metro area in the United States. [1]
Gas prices within the last 10 years highlight how volatile the market can be. When looking at historical data, gas prices were the same in 2011 as they were in 2023 — $3.52 per gallon.
Inflation surged to 7.5% compared to 2021, the highest yearly jump in 40 years. If you're hoping for a break, it's not expected to come soon.
Buc-ee's Holdings, Inc., commonly referred to as Buc-ee's, is an American chain of country stores, gas stations, and electric vehicle chargers created and owned by Arch "Beaver" Aplin III, headquartered in Lake Jackson, a city south of Houston. [3]
To cover debt incurred due to high natural gas prices, utilities outside Texas have had to raise prices. Oklahoma Natural Gas is charging customers up to $7.80 per month for the next 25 years to securitize its costs of $1.4 billion during the crisis. [138] The natural gas industry reaped a windfall profit of $11 billion during the crisis. [22]
Use this interactive map to compare Florida prices. Jeff Kleinman. September 20, 2022 at 6:57 AM. ... Keep in mind that gas prices vary even in a specific region like South Florida, where the ...
The large quantities of oil and gas moving through Houston, Baytown, Texas City, and surrounding communities made the area around the ship channel attractive for industrial development. [60] Chemical plants, steel factories, cement plants, automobile manufacturing, and many other types of heavy industry that could benefit from a ready supply of ...
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