Posts filtered on Tag


(U.S. Energy Information Administration)

U.S. natural gas imports reach lowest level in 28 years

Domestic natural gas production has hit record highs during the ongoing shale boom, and the low natural gas prices have played a role in replacing imports. Nearly 98 percent of natural gas imports came from Canada, but Canadian natural gas represented 7 percent of total U.S. natural gas consumption last year, which was down from 11 percent in 2009, according to the EIA.
(Lucas Schifres/Bloomberg)

Encana loses control of well in Karnes County, homes evacuated

The Karnes County Sheriff’s Department on its Facebook page said that FM 792 between FM 719 and Texas 80 is closed until further notice.
Texas Gov. Greg Abbott (Chris Kleponis/Bloomberg News)

Texas governor signs bill restricting local fracking regulations

Abbott’s signature is the culmination of a marker he set down in January, when he took aim at local regulations affecting not only fracking but tree cutting and plastic bags.
(Spencer Platt/Getty Images)

Just 38 miles apart, one Texas oil town is still booming and the other is dead

For the townspeople of Karnes City, it’s like nothing ever changed: Roughnecks pack into Stripes gasoline station by the dozens to load up on Doritos and Slim Jims at the end of their shift; giant drilling rigs dominate the horizon in all directions; and the roar of tanker trucks and industrial machinery is never-ending.

Commentary: ERCOT, Peaker Net Margin, Electric Prices and Why You Should Care

A drop in wholesale electric prices has prompted an important discussion at ERCOT about assumptions it uses when monitoring the state’s power market. Changing those assumptions could impact how much we all pay for electricity.
A gas well on the Payne lease, operated by Vantage Energy, burns during a thunderstorm after severe weather and lightning moved across North Texas, Thursday, May 7, 2015, in Denton, Texas. (David Minton/The Denton Record-Chronicle via AP)

Video: Lightning strike sparks huge natural gas blaze in Denton

Denton city spokeswoman Lindsey Baker says firefighters extinguished the blaze early Friday. Nobody was hurt.
Steaks are prime at Vic & Anthony's, but chef Carlos Rodgriuez has many talents.

OTC: Stake a claim for exceptional steak

Texans love their beef, and Houston is brimming with exceptional steakhouses. Here are some we recommend.
(Photo by Andrew Burton/Getty Images)

Texas has the nation’s No. 1 oil field

Texas has shown a significantly stronger presence in the EIA’s top 10 than it did in the agency’s last report in 2009.
Arthur Perales III works on a gear reducer at the Weatherford rod-pump manufacturing plant Thursday, June 26, 2014, in Katy. (Brett Coomer/Houston Chronicle)

Texas manufacturing slips again as oil and gas orders disappear

The production index, a key measure of the manufacturing conditions, remained in negative territory for the second month in a row, with 3 out of 10 executives reporting seeing production fall between March and April, according to responses to the Federal Reserve Bank of Dallas’s monthly survey.
(Daniel Acker/Bloomberg)

Oil at $65 seen freeing 500,000 barrels from shale fracklog

Producers in oil and gas fields from Texas to Pennsylvania have 4,731 idled wells at their disposal.