In response to substantial criticism of its original proposed rule, the Texas Railroad Commission has issued a final rule, 16 TAC Sec. 3.65, relating to designation of critical natural gas infrastructure. Well owners can no longer exempt their wells’ designation as critical infrastructure simply by filing a form and paying…
Commission Shift, a non-profit advocacy organization formed “to hold the Railroad Commission of Texas accountable to its mission,” has issued a detailed report on conflicts of interest policies at the Texas Railroad Commission and the need for reform. The report examines Commissioner Christi Craddick’s ties to the industry regulated by…
A recent report from Deloitte provides a good perspective on the prospects for wind and solar electricity. Some takeaways: Costs of wind and solar are now competitive with coal and gas. “Power purchase agreement (PPA) prices for wind and solar power are also competitive with other resources. The weighted average…
After the Texas freeze last February that resulted in loss of electric service to millions of Texans, the Texas Legislature passed laws requiring the Texas Railroad Commission and the Public Utility Commission of Texas to address the issues raised by the systems’ failures. One of those issues was the failure…
From the Houston Chronicle: This makes absolutely no economic sense to me.
Link here to Texas Tribune article. Not a good idea. ERCOT definitely made some mistakes in the freeze, but it had no authority to require generators to winterize. Everyone is still pointing the finger at everyone else. Another Texas Tribune article: the legislature is now considering creating a $2 billion…
The following article appeared today in The Texas Tribune: Cassandra Pollock The Texas Tribune Thu, 25 Mar 2021 13:01:53 -0500 Warren Buffett group lobbying Texas lawmakers for deal to build $8 billion worth of power plants for emergency use was first published by The Texas Tribune, a nonprofit, nonpartisan media…
Another great chart from the US Energy Information Administration, showing sources and uses of energy in the US last year. Click on image below to enlarge. You can also view it on the EIA website. Hydrocarbons continue as by far the largest sources of energy consumed by the US.
Dr. Scott Tinker and Switch Energy Alliance have released their second documentary about energy, Switch On. A great film. Scott’s first documentary, Switch, debuted in 2012, an award-winning film that has now been seen by millions. It sought to educate Americans and the developed world about the sources and uses…
The cover story in The Economist this week is titled “Crude awakening – The truth about Big Oil and climate change.” It comes in the wake of the introduction by a group of new Democratic Congress members of a proposed “Green New Deal” to tackle climate change. When I began…