No real surprise here. Imagine the Iranians mounting a pincer attack from Yemen and Iranian Khuzestan through the Gulf kingdoms’ oilfields, thereby gaining control of 40% of the world’s oil production. Texas would do well, but the rest of the country would have to deal with gas prices at $6 a gallon. Because even if we did not import 40% of our oil needs (produce 12m bpd, consume 20m), refineries pay whatever the world oil price happens to be, and that cost gets passed down to people who buy gasoline here.
VERY FEW Texams would make a fortune. The rest would suffer with the rest of the country.
Ig you think that in an emergency like that the fed Gov would give a #### about what TX wanted or even that some IMAGINARY company is so Texas patriotic that they’ll sell gas there for 3 when they can get 6 elsewhere, well...you’re just plain wrong :)