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IEEFA U.S.: Texas confronts decline in oil and gas industry

IEEFA U.S.: Texas confronts decline in oil and gas industry

Analysis of long-term trends indicates slower growth, fewer jobs and lower tax contributions

July 28, 2021 (IEEFA) ⎼ Texas policymakers, regulators and public opinion have long held that “what’s good for oil is good for Texas.” But Texas’s economy has become more broad-based and the oil and gas sector’s proportionate contribution has declined. State leaders face a new set of facts on the ground about the future of […]

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Major oil companies flaring Permian gas without required permits

Reuters: Oil producers such as Exxon Mobil (XOM.N) and Royal Dutch Shell (RDSa.L) are burning off gas in the largest oil field in the United States without required Texas state permits, the environmental group Earthworks said in a report on Thursday. Energy producers flare gas, an unwanted by-product of oil extraction, when they cannot transport […]

August 20, 2021 Read More →
IEEFA U.S.: Texas confronts decline in oil and gas industry
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IEEFA U.S.: Texas confronts decline in oil and gas industry

Analysis of long-term trends indicates slower growth, fewer jobs and lower tax contributions

July 28, 2021 (IEEFA) ⎼ Texas policymakers, regulators and public opinion have long held that “what’s good for oil is good for Texas.” But Texas’s economy has become more broad-based and the oil and gas sector’s proportionate contribution has declined. State leaders face a new set of facts on the ground about the future of […]

Watchdog: Energy Future Holdings Bankruptcy Could Place Texas Taxpayers on the Hook

Watchdog: Energy Future Holdings Bankruptcy Could Place Texas Taxpayers on the Hook

By Brantley Hargrove, Dallas Observer DALLAS – “With Dallas-based Energy Future Holdings’ bankruptcy possibly approaching as soon as the end of this month, Public Citizen warns that if the giant electric utility’s assets are broken up, Texas taxpayers may end up paying to reclaim its coal mines. As we’ve reported before, the Sierra Club’s Beyond […]

October 17, 2013 Read More →
Green groups seek assurances Energy Future can clean up coal mines

Green groups seek assurances Energy Future can clean up coal mines

HOUSTON,  (Reuters) – “Environmental group leaders on Wednesday urged Texas regulators to ensure that financially strapped Energy Future Holdings can cover the cost of cleaning up its coal mine operations in the state in the future. Dallas-based Energy Future Holdings (EFH +0.34%), the state’s largest generator of electricity, is working to restructure about $40 billion […]

October 17, 2013 Read More →