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Texas Oil Boom Amid Iran Conflict
Description
Texas oil producers, like Pecos Country Energy, are thriving amidst global uncertainty, with high oil prices leading to increased production and job growth. Despite the benefits, they remain cautious to avoid overproduction that could harm the U.S. economy. The industry is also gearing up for the construction of the first new refinery in 50 years in Brownsville, set to create thousands of jobs. Meanwhile, consumers are advised to fill up on Wednesdays for cheaper gas.
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