.The Texas Energy Report

14 Years Bringing You News from the Energy Capital of the Planet
 
.The Texas Energy Report

Texas Retail Electric Provider Brand Trust Is Declining, 25% of Consumers Ready to Switch: Research Study

September 29, 2019

One out of four Texas residents are planning to switch retail electric providers (REPs) amid a decline in overall brand trust among such providers, with AEP and CenterPoint among the more preferred brands, according to a new research study….
 

New Report from Texas Coalition for Affordable Power Marks 20th Anniversary of Electric Deregulation Law: Press Release

September 28, 2019

In 1999, with the enactment of Senate Bill 7, Texas began its historic march toward the deregulation of retail electricity. Although not immediate in effect, the state’s groundbreaking legislation eventually ushered in some of the most significant changes ever for its power consumers.

No longer would giant, vertical-integrated utilities maintain their monopoly grip on all home electricity service. No longer would Austin political appointees determine directly the price of air conditioning and lighting in all parts of Texas.

In commemoration of that anniversary, the Texas Coalition for Affordable Power has released an updated version of its signature report, Electric Deregulation in Texas: A Market Chronicle. The book, organized chronologically in a year-by-year fashion, is available through free digital download. Go to the TCAPtx.com for more information……
 

Well, Here’s What Some O&G Pros Are Saying Candidly About the State of the Industry Today

September 26, 2019

As Oil Price‘s Nick Cunningham pointed out recently, there’s one place you can find unvarnished opinion on the state of the Texas oil and gas industry, where the comments are made anonymously and therefore roughly carry the weight of insider analysis, and that’s in the “comments” section of the Dallas Federal Reserve‘s new 3rd Quarter Fed Energy Survey — no need to mince words here — and the outlook isn’t very pretty, so we gathered a large number of the most revealing comments below (some are bolded for emphasis)…….
 

US Shale Is Not Going Bankrupt: Rystad

September 26, 2019

Yes, there has been an increase in the number of E&P bankruptcies this year over last, and yes there are financial problems facing the O&G industry nationwide, not the least of which is reticent capital markets; and yes top shale companies have more than a billion dollars coming due in market debt over the next seven or so years — but Rystad Energy says this is not a harbinger of doom…..