As global tensions ease and crude remains below $70 a barrel, Ed Hirs explains why production is slowing, and why gas prices may stay low through the summer

This piece covers key insights from the 2025 Energy Transition Winds of Change forum hosted by UH Energy and CCME. Featuring two expert panels, the event explored how policy, technology, and investment are shaping the future energy ecosystem, with a focus on CCUS, infrastructure, and the rising demands of AI and electrification.

As the U.S. GDP sees its sharpest decline in three years, Houston’s economy faces mounting pressure from falling oil prices, industry layoffs, and shifting trade policies. Experts warn of a potential downturn in the energy sector, while UH Energy emphasizes the importance of policy and trade literacy to navigate the uncertainty.