Tag: Texas

Electric vehicles are getting cleaner, group says

Most Americans now live in regions where electric vehicles produce fewer greenhouse gas emissions than the most efficient hybrid cars, according to a new analysis.  More »

Crude oil rides Texas’ rails with little tracking

For generations of producers drillers in Texas, where a vast pipeline system has grown with the fits and starts of the oil industry’s notorious business cycle, railroads provided little more than a relatively expensive last resort. But in the boom associated with the hydraulic fracturing, producers increasingly enlist trains to handle the glut.  More »

Colorado finds itself an earthquake lab amid gas boom

In an area peppered with wells pulling energy resources from below ground — and many pumping wastewater from the process back into it through injection wells — an old question resurfaced: Could the same geological tinkering that has revved a formidable economic engine also trigger potentially damaging earthquakes?  More »

Hearing to discuss Mexico’s energy impact on Texas

An energy boom is brewing across the border, and a joint legislative hearing in September will talk about the potential impact on the Rio Grande Valley.  More »

Texas sees surge in tax revenue from natural gas motor fuels

As more consumers embrace natural gas vehicles, Texas is seeing a surge in sales tax revenue, more than double what the state was expecting to collect by mid-year.  More »

Texas weighs new pipeline rules

Some Texas attorneys think proposed changes to state eminent domain rules for oil and gas pipeline operators don’t go far enough to protect people from the companies that take their land.  More »

CP Exploration II gets $150 million credit line

Local private equity firm Post Oak Energy Capital committed a $150 million line of equity to CP Exploration II, a privately-held exploration and production company based in Dallas and Lafayette, La., the companies announced Monday morning.  More »

Rallying Permian beats anew as heart of Texas oil

The Permian Basin, which helped define the Texas oil business for 50 years then hit the skids, is back big-time, and a new government report makes the point.  More »

Fortune Global 500 list heavy on oil

Wal-Mart took the No. 1 spot on Fortune’s Gobal 500 ranking of the world’s largest companies based on revenue, but the top of the list was sloshing with oil.  More »

Texas oil production set to top No. 2 OPEC country

Texas now is pumping 36 percent of the nation’s oil, more than doubling its production in three years, according to new federal data.  More »

Residents put pressure on fracking firms as quakes plague region

Earthquakes used to be almost unheard of on the vast stretches of prairie that unfold across Texas, Kansas and Oklahoma, but they’ve become common in recent years.  More »

Drug gangs attacks block Mexican shale boom

Violent drug traffickers are the latest challenge facing Mexico as it attempts to replicate the kind of shale bonanza taking place in Texas.  More »
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