Energy Security in a Volatile World: Why Texas Is Different
by Drew A. Kassel, PhD, Webber Energy Group, UT Austin When the Strait of Hormuz closed in February 2026, nearly a quarter of global oil supply and roughly one-fifth of liquefied natural gas (LNG) flows were suddenly at risk. Within weeks, Brent crude prices surged past $100 per barrel for the first time since 2022, […]