Rep. Jim Keffer

Commentary: HB 3749: The Year’s Most Important Legislation for Gas Utility Customers

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The Houston Chronicle this week has highlighted what is likely the year’s most important state legislation for gas utility customers. House Bill 3749, by state Rep. Jim Keffer, will help ensure that Texas cities continue having a voice to defend their citizens against unwarranted gas utility rate hikes. A key legislative committee approved the bill last […]
(AP Photo/Tony Gutierrez, File)

Texas House set to vote on bill banning local fracking bans

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San Angelo Republican Rep. Drew Darby’s bill is poised for House debate and approval Tuesday.
Texas Capitol

Monday at the Capitol: Important Gas Consumer Legislation

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Of the thousands of bills filed so far in Austin, perhaps none would more benefit gas utility customers than House Bill 2988 and House Bill 3749. If adopted, either of these bills would help ensure that consumers continue having a strong voice at the agency that oversees home gas rates. Both bills will be considered in […]
An Eagle Ford well near Kenedy, Texas. (Eric Gay/AP)

IHS: 1,400 wells drilled but not completed in Eagle Ford Shale

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There are nearly 1,400 wells in the Eagle Ford Shale that have been drilled but not completed, according to new analysis from the firm IHS. Oil prices are hovering around $50 per barrel, down by half since last summer. And some Eagle Ford oil producers have been drilling but not fracking wells.
(AP Photo/Robert F. Bukaty, File)

A Texas wind power company is scrapping its Eastern Shore project amid political opposition

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Pioneer Green Energy wrote to the Somerset County Commissioners last month that it was indefinitely suspending the project due to “unanticipated hurdles and roadblocks.”
(Johnny Hanson/Houston Chronicle)

Cheap oil is squeezing property owners in energy hubs

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The 50 percent plunge in crude values since June is already dragging down property prices in Texas.
(oilfieldservicesgrandeprairie.com)

Oil layoffs slowed in March, but firms still say 12,800 jobs will get axed

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So far, Texas is outpacing every other state in planned layoffs, with 47,000 job cuts this year.
(RJ Sangosti/The Denver Post via Getty Images)

Sabine Oil & Gas working to avoid defaulting on its debt

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All told, Sabine had $2.82 billion in debt as of March 15, with $326.8 million in cash on hand.
Rep. Sylvester Turner speaks at the Texas State Capitol in 2009. (Jay Janner/Austin American-Statesman)

Electric industry pushes back against bill restricting minimum-use fees

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During a late-night hearing in Austin on Wednesday, the companies argued that “minimum use fees” — charged to customers who use too-little electricity each month — are fundamental to the economics of some power plans.
Laboratory analyst, Syed Ali, takes some measurements in a lab in the research and development building, at the Baker Hughes facility. (Todd Spoth/For the Chronicle)

Dallas Fed: Texas job growth to slow, Houston to see the biggest impact

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Declines in the oil and gas industry, tight labor markets and weakening exports led to the revision, the Federal Reserve Bank of Dallas wrote Tuesday.