Despite low oil prices, Mexico will move forward on pipeline initiatives that will impact the Eagle Ford in Texas. Jumping on the opportunities afforded by the new energy reform measures, the state power company (CFE) has initiated an aggressive construction campaign that includes $3.3 billion to be spent on 12 natural gas and electricity projects. The state power company … [Read more...] about Oil and Gas Pipelines Cross Texas-Mexico Border
Texas is tops among US states when it comes to installed wind power generation capacity, having added 1,826 megawatts (MW) in 2012 to bring its cumulative total to a whopping 12.212 gigawatts (GW), enough to power nearly 3 million average American homes, according to the American Wind Energy Association’s (AWEA) latest industry report. Ongoing improvements in wind turbine … [Read more...] about Texas Electricity Market Prices
Natural gas production has reached record levels in the United States thanks to the Eagle Ford and other shale plays. Although natural gas prices are trading near 10-year lows, producers are finding new markets and outlets for the clean-burning fuel, cheap natural gas from the Eagle Ford has created conditions allowing for billions of dollars of investment around South Texas … [Read more...] about Eagle Ford shale fueling growth of Texas Gulf Coast
Gulf Coast states have virtually eliminated imports of light crude oils from foreign countries due to booming U.S. oil production from hydraulically fractured wells over the country’s shale plays. Gulf Coast states like Texas and Louisiana used to import as much as 1.3 million barrels per day of light, sweet crude oil — more than any other region of the country, according to … [Read more...] about Gulf Coast States No Longer need to Import Oil
What thrived during the Texas coast recession is a story how two developers came out smelling like a rose. This study is about the lessons learned from two “high-end real estate project developers” that thrived during the worse recession and storms to hit the Texas coast in history. A silver lining from the unfortunate times the region experienced from 2008 to 2012, and a … [Read more...] about What thrived and dived during the Texas coast recession?