Tag: Texas

Texas manufacturing sluggish as energy sector slows down

Manufacturing activity in Texas was flat for the second consecutive month in February, the Federal Reserve Bank of Dallas revealed in its latest survey on the sector.  More »

84th Texas Legislature: Energy Consumer Watchlist

The 84th session of the Texas Legislature is in full swing, with scores of bills already filed that could end up helping or harming Texas energy consumers.  More »

Driller: More than 1,000 field hands out of work as rigs decline

Fifty of Precision’s 250 drilling machines, each with crews of 20 to 25 field hands, are no longer running after oil prices have been cut in half since last summer, the firm said in its fourth quarter earnings release Thursday.  More »

Texas solar jobs increasing

The number of Texans working in the solar industry increased last year by more than 2,800, a sign that the industry is making headwinds in the Lone Star State.  More »

These 19 counties generate the most oil and gas taxes for Texas

Which parts of the state are generating the most in oil and gas taxes?  More »

West Texas frac sand proposal abandoned

The businessman, Lee Pfluger, ended months of increasingly rancorous debate with a dramatic flourish, making his announcement during a highly anticipated civic meeting in San Angelo on Monday.  More »

Scotland adds to growing list of places that ban fracking

Scottish officials told the BBC they’ll investigate concerns over the technique ranging from earthquakes to water pollution.  More »

Economist: Texas could lose hundreds more rigs

A prominent oil economist says Texas could lose 50,000 upstream jobs as a result of low oil prices.  More »

Texas wind cracks 10 percent threshold

The amount of wind power generated in the state cracked the 10 percent threshold last year for the first time as the industry continues to make strides in the western and Panhandle regions of Texas.  More »

U.S. shale oil growth hurts Canadians as well as OPEC

A surge of light oil from North Dakota and Texas is cutting into the earnings of Canadians who turn heavy oil sands into a lighter crude that fetches more from refiners.  More »

Texas job growth to slow as oil prices tank

The Federal Reserve Bank of Dallas said Tuesday that Texas would continue to add jobs in 2015, but that the total number of new jobs could decrease by up to 173,000.  More »

AAA: $2 gasoline hits almost a dozen states

The price for a gallon of gasoline in Texas has fallen 8 cents since Jan. 5 to reach $1.90, AAA said.  More »

Investment firm lays off 150 employees from oil field companies

OFS Energy’s layoffs come after oil field service companies like Halliburton and Hercules Offshore have announced sizable layoffs in November and December.  More »

Gov. Perry: Falling oil prices ‘painful’ for parts of Texas

Addressing a conservative forum Friday in Austin, Perry said Texas has diversified its economy since the 1980s when an oil bust brought economic misery to much of the state.  More »

Oil rigs fall by most since 1991

Producers idled the most oil rigs in a single week since 1991, as a more than 50 percent fall in crude prices further impacted drilling.  More »
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