March 7, 2020
Oil prices plunged 30% in early trading after OPEC’s failure to strike a deal with its allies regarding production cuts caused Saudi Arabia to slash its prices as it reportedly gets set to ramp up production, CNBC reports Sunday night CDT, leading to fears of an all-out price war……
March 7, 2019
Saudi Arabia plans to increase oil output next month, going well above 10 million barrels a day, as the kingdom responds aggressively to the collapse of its OPEC+ alliance with Russia….
Spring looks good, and new capacity is coming online in the form of renewables, with more expected
March 5, 2020
The Electric Reliability Council of Texas (ERCOT) is expected record demand for electricity this summer, and grid conditions are expected to be similar to those of last summer, weather permitting — that is, tight……
By Alex Mills
March 5, 2020
Great news! Natural gas set production, consumption and export records in 2019.
More good news for consumers is the very low price currently and the reduction in greenhouse gases.
And the future looks strong, too.
According to projections by the U.S. Energy Information Administration’s (EIA), total dry natural gas production in the United States will continue to increase until 2050.
“The United States began exporting more natural gas than it imports on an annual basis in 2017, driven by increased liquefied natural gas (LNG) exports, increased pipeline exports to Mexico, and reduced imports from Canada,” EIA stated.
EIA expects dry natural gas production to total 34 trillion cubic feet (Tcf) in 2019 once the final data is in, which will be a record. EIA projects that U.S. dry natural gas production will reach 45 Tcf by 2050.
Natural gas consumption increased by 3 percent in 2019, reaching a record of 85 billion cubic feet per day (Bcf/d), according to EIA. “Natural gas continues to account for the largest share of electricity generation after first surpassing coal-fired generation on an annual basis in 2017. In 2019, natural gas accounted for 38 percent of total electricity generation followed by 23 percent for coal and 20 percent for nuclear.”….
March 4, 2020
Among the closely-watched races in Texas’s Super Tuesday voting was the effort to replace Bedford Republican Rep. Jonathan Stickland, who announced last year that he’s leaving the state legislature….
March 4, 2020
In a stunning upset, Railroad Commission of Texas commissioner Ryan Sitton was defeated in Tuesday’s Republican primary….
March 4, 2020 1:11 am
Former Vice President Joe Biden is the projected winner in the Democratic presidential primary in Texas….
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March 4, 2020
Bechtel has the contract to build Sempra Energy‘s Port Arthur LNG liquefaction plant, which is waiting an investment decision….
March 3, 2020
Preparations are underway for American Electric Power subsidiary Public Service Company of Oklahoma to close its Texas Panhandle coal operation after a state agency gave its okay…..
With nearly half of state precincts reporting, Railroad Commission challenger James “Jim” Wright is leading incumbent Ryan Sitton 55% to 45%
Texas Democratic Primary has Joe Biden with 28.4% slightly leading Bernie Sanders with 27.6%
It’s likely Democrat Mary “M. J.’ Hegar will take on Republican incumbent John Cornyn for US Senate — State Sen. Royce West so far garnering fewer than half of Hegar’s number
Mike Bloomberg to reassess campaign after winning only American Samoa caucus: AP
March 3, 2020
As Texans turn out to vote on Super Tuesday, new polls indicate solid support among Democrats for a ban on fracking even as Bernie Sanders appears to likely to capture the majority of the party’s voters in the Lone Star State…..
March 3, 2020
Crude oil and natural gas production as reported to the Railroad Commission of Texas (RRC) for December 2019 came from 174,016 oil wells and 87,595 gas wells.
The RRC reports that from January 2019 to December 2019, total Texas reported production was 1.455 billion barrels of crude oil and 9.8 trillion cubic feet of total gas. Crude oil production reported by the RRC is limited to oil produced from oil leases and does not include condensate, which is reported separately by the RRC…..
March 3, 2020
CenterPoint Energy is joining the dozens of power companies announcing efforts to reduce emissions, but is among the first to do so on a multi-state level……
March 2, 2020
A supplemental open season is underway to find more shipper commitments for the Bayou Bridge Pipeline System from Nederland to Lake Charles…..
March 2, 2020
An environmental non-profit says it supports a JV project to build an offshore deepwater project near the entrance to the Port of Corpus Christi….
March 2, 2020
Camber Energy says it’s received notice from the New York Stock Exchange (NYSE) that the company is not in compliance with listing standards because of stockholder equity and continuing losses…..
March 2, 2020
Vistra Energy has two new board members following the resignations of Geoffrey Strong and Bruce Zimmerman……
Mach 2, 2020
In siding with a Texas utility, the state Supreme Court on Friday ruled that courts can have a place in interpreting restrictions on utility easements but are bound by the deeds themselves and cannot use outside or extrinsic evidence in doing so…..
March 2, 2020
A former project manager at the South Texas Project and longtime Dril Quip coordinator is running for mayor of Kerrville…..
February 28, 2020
President Donald Trump said on Friday he’s nominating TX Republican Rep. John Ratcliffe as his permanent director of national intelligence.
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