In North Texas, energy decisions rarely feel like “energy decisions.” They show up as an electric bill that jumps in summer, a petrol receipt that looks different week to week, or a news alert about a cold snap that suddenly makes everything feel fragile.

G2 Petroleum, LLC is sharing five common myths that often mislead households across the Dallas Fort Worth region and nearby North Texas communities. Each myth is paired with a fact, plus one simple action people can apply today.

“The fastest way to lower stress is to separate what you can control from what you cannot.”

Myth 1: Gas prices move because one person or one company decides them

Why people believe it

Gas prices are posted on tall signs, and they change quickly. That makes it easy to assume a single decision is driving the number.

What the facts say

The retail price of petrol includes four main components: crude oil costs, refining costs and profits, distribution and marketing costs and profits, and taxes.Even when crude prices fall, petrol does not always fall by the same amount because other parts of the price do not move in lockstep. The EIA has noted that crude oil’s contribution to retail petrol prices is expected to fall below 45% on an annual average basis in 2026 and 2027.

For a recent reference point, the U.S. average retail price for regular grade petrol in 2025 was $3.10 per gallon. Texas prices can be lower or higher depending on regional supply, demand, and logistics, and the Texas statewide average moves daily.

Practical tip you can apply today

Track petrol spending in gallons, not just dollars. Keep a simple note for two fill-ups: gallons purchased and miles driven. That tells you whether the bigger lever is price, driving pattern, or vehicle efficiency.

“If you only watch the sign price, you miss the part you actually control, which is usage.”

Myth 2: If oil production is strong, petrol prices should always stay low

Why people believe it

It feels logical. More production sounds like more supply, and more supply sounds like lower prices.

What the facts say

Supply matters, but it is not the only thing that matters. Weather can interrupt production and refining even when long term production is high. In late January 2026, reporting on a winter storm described production losses of up to 2 million barrels per day, around 15% of U.S. output during the disruption. Events like that can tighten fuel supply quickly, especially when they affect key producing regions and infrastructure.

Practical tip you can apply today

Keep a “two-week buffer” habit for essentials that depend on fuel and deliveries. That can mean topping off the tank before a major freeze, or planning grocery and pharmacy runs earlier in the week when severe weather is forecast.

“Resilience is not stockpiling. It is avoiding last-minute decisions when the system is stressed.”

Myth 3: Texas electricity is always cheap, so the bill is mostly about the rate

Why people believe it

People often compare cents per kilowatt-hour and stop there. The rate is visible, so it gets the attention.

What the facts say

In Texas, usage is a major part of the story. In 2024, the EIA reported Texas average monthly residential consumption at about 1,096 kWh, with an average monthly bill of $163.72.

Rates also change over time. In the EIA’s Electric Power Monthly table for November 2025, the average residential electricity price in Texas is listed at 16.04 cents per kWh (preliminary estimate).

When usage is high, even a modest rate increase can meaningfully change the bill. That is why two households on the same plan can have very different outcomes.

Practical tip you can apply today

Pick one “high-usage hour” to tighten up every day for a week. In summer, that might be late afternoon and early evening. Run the dishwasher later, raise the thermostat slightly, and avoid heat-producing appliances in that window. You do not need to be perfect, you need to be consistent.

“For most households, the bill is a math problem: rate times usage, plus fees. If you only fight one side, you lose half the battle.”

Myth 4: Everyone in North Texas can choose their electric provider, so shopping always solves it

Why people believe it

Texas is known for retail electricity competition, and many people have heard the phrase “power to choose.”

What the facts say

Choice is widespread, but it is not universal. One ERCOT retail market document notes that approximately 85% of Texas electricity consumers have the freedom to choose their retail electric provider, while some communities are served by municipalities or cooperatives and do not participate in retail competition. The state’s consumer resources also emphasise that availability depends on where you live.

Even in competitive areas, shopping only helps if you compare plans the right way. A low advertised rate can come with usage tiers, bill credits, or fee structures that behave differently in a hot month than in a mild month.

Practical tip you can apply today

Look up the last two months of your kWh usage, then compare plans against your real usage band. If the plan has bill credits, check the exact kWh threshold that triggers them. If you are not in a deregulated area, focus on usage reduction and home efficiency instead of plan hopping.

“The goal is not to win the lowest advertised rate. The goal is to pay a predictable bill.”

Myth 5: Energy planning is only for investors or people in the industry

Why people believe it

Energy talk often sounds like markets, wells, and policy. It can feel far away from daily life.

What the facts say

Households already live inside energy markets. Petrol affects commuting and delivery costs. Electricity affects monthly cash flow. And short disruptions can show up fast, as seen in the January 2026 storm reporting that also included broad impacts across the energy system.

Planning does not require technical expertise. It requires a few simple habits that reduce surprises.

Practical tip you can apply today

Set a small “energy buffer” in your budget, even if it is $10 to $25 a week. Treat it like a seasonal line item that builds up before summer cooling and winter cold snaps.

“Energy literacy is not a hobby. It is a household skill.”

If you only remember one thing

Most energy myths collapse when you focus on two questions:What drives the price, and what drives my usage?

If you get clear on those two, you stop chasing headlines and start making practical moves that reduce stress.

Share this myth list with a friend or neighbour who complains about bills every summer or every cold snap. Then pick one tip from any section above and try it today. One small change, repeated, beats a perfect plan you never start.

About G2 Petroleum, LLC

Founded in 2008 and located in the McKinney area of the Dallas Fort Worth metroplex, G2 Petroleum, LLC is a privately held oil and gas exploration company focused on development drilling of conventional vertical wells primarily in shallow oil sands of North Texas. G2 also works alongside its sister company, Newport Operating, LLC, in the Wichita Falls area of North Texas.

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Company Name: G2 Petroleum, LLC
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Phone: 888.723.2198
Address:6951 Virginia Parkway, Suite 103
City: McKinney
State: Texas 75070
Country: United States
Website: g2petroleum.com