While production tries to catch up to rising demand, the prices for Texas' most valuable commodities are jumping to levels not seen in years.
The Texas legislature's directed power grid reforms remain a work in progress as state officials deliberate the future of ERCOT.
Capitol heavyweights are again throwing punches over the state's response to the power grid blackouts of February.
Candidates for what has been a solidly red district took aim at the Biden administration, but some were equally critical of inaction on the part of elected Republicans.
The acquisition places ConocoPhillips among the top drilling companies in the Permian Basin.
The lawsuit comes after the legislature passed a bill banning the storage of high-level radioactive waste in Texas.
An obscure fight over storage of nuclear waste became a topic in the gubernatorial primary after incumbent Greg Abbott touted his support for its prohibition in Texas.
Nuclear reactions are not only harnessed to power a significant portion of the state's grid, but also for other purposes such as innovative medical treatment.
After the price of electricity shot skyward back in February, wholesale electric provider Griddy had to file for bankruptcy.
OPEC appears to have rejected the Biden administration's plea for increased crude oil output.
Confronting the financial aftermath of the February blackouts is proving to be the more disagreeable of the issues surrounding the winter storm's fallout.
As another hot Texas summer begins, the state's power grid and those who run it hope to regain the public's trust after February's disaster.
ERCOT and PUC officials said they're confident the power grid will be able to meet the potential peak demand this summer as temperatures rise.
Across the eight applications, companies have collectively requested over $1 billion in property tax abatements while none meet minimum job creation requirements.
In addition to the legislative response, Abbott issued regulatory directives to the state's utilities regulator to shore up the power grid.
After President Biden signs the bill into law, the EPA will begin its rulemaking process before full implementation of the new law.
Texas' power grid is set to expand solar and wind generation in large quantities while it is bleeding coal and natural gas generation.
Days after a similar proposal collapsed under the weight of public pressure in another part of the state, a property tax abatement has been approved in Bastrop County by the Smithville ISD.
Chapter 313 abatements were created to entice businesses to relocate to Texas and entities across the state have issued hundreds since 2001.
Execution of the order is postponed until further decision on the case.
