An Unvarnished Interview With T. Boone Pickens
The legendary oilman reflects on plunging oil prices and the likelihood of another bust for Texas. Also, cranky folks in Denton and silly congressmen who don't understand how the energy industry works.
For more than 100 years, Texas has been one of the nation’s key producers of oil and natural gas. After the discovery of the Spindletop oil field in 1901, oil production in the state increased at a rapid rate, reaching a peak in 1972. According to the Energy Information Administration, Texas was producing 3.4 million barrels a day ...
The legendary oilman reflects on plunging oil prices and the likelihood of another bust for Texas. Also, cranky folks in Denton and silly congressmen who don't understand how the energy industry works.
The state's drilling and fracking frenzy is raising questions about safety, earthquakes and water use. That's raising the stakes for this year's race for an open seat on the three-member Railroad Commission.
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Texas regulators on Tuesday tightened rules for wells that dispose of oilfield waste, a response to the spate of earthquakes that have rattled North Texas.
Full StoryA steep drop in crude oil prices threatens to slow drilling in some U.S. oilfields, but officials in Texas' hottest shale plays say they're not sweating things yet. The boom is still a boom, they say, and it's way too early to walk away.
After calling for an end to subsidies for wind energy production, the Texas comptroller will soon release a report that could rekindle debate surrounding Texas’ largest incentive for natural gas producers. The tax exemption for "high cost" gas has shaved more than $7 billion off operators' tax bills since 2008.
Full StoryThe Austin City Council has called for a dramatic expansion in solar power generation, earning accolades from environmental advocates across the country. But the city-owned utility, Austin Energy, has balked at the council’s proposal and said it would be too expensive for ratepayers.
Full StoryThe energy track at the 2014 Texas Tribune Festival featured panel discussions on the state of the electric grid, what Mexican energy reform means for Texas, hydraulic fracturing and a closer look at the state's drilling boom. Listen to audio of each session.
Full StoryNordheim, population 307, is the site of one of the first organized protests in the heart of the Eagle Ford. Many of its residents are fighting to keep out a massive disposal facility for oil and gas waste — a sight that could become more common as energy producers search for places to dispose of their leftovers.
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In their efforts to regulate the wells that hold Texas' oilfield waste, state officials have found a surprising ally in the federal Environmental Protection Agency, long a political punching bag in Texas. Support for the plan, expressed in a letter this month, provides a glimpse of the behind-the-scenes collaboration between two agencies whose relationship often appears icy.
Full StoryTexas’ drilling bonanza can mean long-lasting windfalls for mineral owners in the state’s hottest shale plays – if those lessors make sure oil and gas operators pay what they promise. But doing so can prove incredibly difficult, as shown in a case the Texas Supreme Court will soon decide.
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Midland school officials and area businesses are excited about a planned high school program that will focus on preparing high schoolers to work in the region's booming oil industry. The program would meet new high school requirements while satisfying the job needs of the community.
Full StoryOil and gas activities – but not hydraulic fracturing – tainted drinking water wells atop North Texas’ Barnett Shale and Pennsylvania’s Marcellus formation, according to a new study. High levels of methane escaped poorly constructed natural gas wells and migrated into shallow aquifers.
Full StoryTexas Railroad Commissioner David Porter on Monday became the second of the state's three oil and gas regulators to raise concerns that Russia is waging a misinformation campaign against hydraulic fracturing, also known as fracking.
Full StoryTexas now has 104 natural gas fueling stations, according to a map released Monday by the Railroad Commission of Texas. That’s nearly 50 more than Texas had last year. Meanwhile, 67 more stations are set to open in 2015.
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A tainted water well in North Texas has already stirred national debate about the impacts of oil and gas production. Now it stars in a free speech dispute that has landed in the Texas Supreme Court – the biggest test of a state law meant to curb attempts to stifle public protest.
Drillers’ mad dash to the Eagle Ford has spurred a printing boom, as publishers court new advertisers and audiences — including industry executives, natives of transformed communities and oil workers with little to do in isolated towns.
Full StoryThe Railroad Commission's new chairman on the agency's dual role as an industry watchdog and champion, the push to ban fracking in Denton and the commission’s efforts on earthquakes and disposal wells.
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Two candidates for the Railroad Commission welcomed the agency's newly proposed requirements for disposal well applications, saying they were a good first step in addressing the spate of earthquakes that have shaken up parts of North Texas.
Full StoryThe reactivation of a stretch of the 66-year-old Pegasus pipeline has stirred concerns among some Texans who live along its path. Some in communities along the pipeline's path worry that an accident like the 2013 Mayflower rupture could happen in their backyards. They hope the latest step doesn't lead to reopening the entire pipeline.
Full StoryA North Texas town's effort to ban hydraulic fracturing may prompt an unprecedented showdown between two powerful rights: a city's authority to shape development inside its borders, and mineral owners' right to tap their resources. The outcome could reshape Texas law at a time when drilling is causing tension in some urban areas.
Full StorySeveral thwarted legislative proposals to overhaul the Texas Railroad Commission — the state's curiously named oil and gas regulator — have resurfaced in the race for an open seat on the commission, illustrating key differences between the candidates' priorities.
Full StoryVoters will decide whether Denton will become the state's first city to ban hydraulic fracturing after the city council rejected a proposal to ban the method of oil and gas extraction involving blasting apart rock with millions of gallons of chemical-laced water.
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The Obama administration's plan to slash emissions from coal-fired power plants continues to be a source of great debate. But a number of Texas utilities say their investments in natural gas and renewable energy sources have left them well-positioned to meet their potential carbon targets.
Full StoryNearly four years after BP awarded Gov. Rick Perry's office $5 million for recovery projects in the wake of the Deepwater Horizon oil spill, most of the money remains unspent. The company is now asking Texas for its money back. Meanwhile, environmental advocates and local governments say Texas is lagging behind in the recovery effort.
Full StoryResponding to questions about whether fracking has pushed methane to migrate into a North Texas neighborhood’s water supply, the Railroad Commission of Texas last month effectively shut the door on its investigation, saying that oil and gas drilling was not to blame. But independent geoscientists remained divided on the issue.
Full StoryA recent news report on the Railroad Commission of Texas' practice of preventing staffers from talking to members of the media has raised questions about the agency's transparency efforts, with a key Republican lawmaker and a Democratic candidate for railroad commissioner among those expressing concerns.
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While Barnett Shale gas producers deny any connection between methane-contaminated wells and their operations, a pair of scientists dispute that. They say test results just released by state regulators provide concrete evidence of a link.
Full StoryFor landowners and mineral owners in Texas’ hottest drilling plays, the state’s boom means long-lasting windfalls — if those lessors know what to look for in negotiating contracts. With new educational efforts, advocates for royalty owners hope to bolster their position.
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