The Texas Gulf Coast shoreline is ecologically diverse and biologically productive, while also playing a major role in the country’s energy security, with Texas leading the nation in energy production, mainly from crude oil and natural gas. Other … [Read more...]
Hydraulic Fracturing Boosts South Texas Economies
Economic Benefits of Fracking to Local Communities The study found that the shale boom produced benefits valued at as much as $1,900 a year for the average household in nearby communities. Income climbed 7 percent10% employment rateHome prices … [Read more...]
President-elect Donald Trump Names Former Texas Gov. Rick Perry as Secretary of Energy
President-elect Donald Trump said today that he intends to name Rick Perry, who served as Texas governor from 2000 to 2015, as his Secretary of Energy. “As the governor of Texas, Rick Perry created a business climate that produced millions of … [Read more...]
The First Texas Monthly Gulf Coast Home is at Cinnamon Shore 2017
The Cinnamon Shore Beach Resort has partnered with Texas Monthly on the first ever Texas Monthly Gulf Coast Home at Cinnamon Shore. Cinnamon Shore is located in Port Aransas, Texas on Mustang Island.The multi-generational vacation home will bring … [Read more...]
Eagle Ford Shale Heads to Mexico in $3.6 Billion Pipeline Deal
TransCanada and Spectra Energy are among producers who will receive $3.6 billion in contracts from Mexico’s state-owned Federal Electricity Commission to build 665 miles of pipelines to carry natural gas.TransCanada was the first private … [Read more...]
What the oil boom gave, the bust takes away
Wall Street flags fiscal health as concern There’s a visible reminder of the twists and turns of the oil business in South Texas — a new $22 million swim center just south of the Eagle Ford Shale oil patch that sits unopened.But things … [Read more...]
Economists say Houston can weather oil downturn
The Texas local economy is showing strains entering the second year of the worst oil downturn in decades but it's not collapsing the same way as previous oil busts and most economists don't think it will happen.A healthy national economy, continued … [Read more...]
TransCanada’s Pipeline In Texas Remains A Done Deal | 88.9 KETR
President Obama rejected the Canadian company TransCanada’s to complete the Keystone XL pipelineBut In Texas, TransCanada’s pipeline remains a done deal. The southern leg of the Keystone XL project, renamed the Gulf Coast Pipeline, was … [Read more...]
Texas oil producers react to Obama’s rejection of the Keystone XL Pipeline
Oil producers from the Texas are not happy about President Barack Obama's decision to reject the controversial Keystone XL Pipeline. TransCanada Corp.'s proposed pipeline would have moved crude oil from the "tar sands" region of Central Canada to the … [Read more...]
Chinese Firm Plans $1.3 Billion Purchase Of Texas Oil Lands
A Chinese investment holding company intends to put down stakes in the United States after signing a letter of intent to purchase oil properties in western Texas for $1.3 billion through a limited liability partnership.The Shanghai-listed Yantai … [Read more...]