ECONOMY

Texans Asked to Temporarily Curb Electricity Use

Grid technicians monitor screens at the Electric Reliability Council of Texas' state-of-the-art backup control center in Bastrop.
Grid technicians monitor screens at the Electric Reliability Council of Texas' state-of-the-art backup control center in Bastrop.

The operator of the electric grid that covers most of the state called for Texans to temporarily curb their electricity use for a few hours on Thursday afternoon as record-breaking demands strain the state’s energy resources.

 

Perry Launches Populist Offensive Against Big Banks

Former Gov. Rick Perry on Wednesday delivered a speech on Wall Street reform in New York. The Republican presidential candidate vowed that if elected, the United States "will not bail out a single bank on Wall Street."
Former Gov. Rick Perry on Wednesday delivered a speech on Wall Street reform in New York. The Republican presidential candidate vowed that if elected, the United States "will not bail out a single bank on Wall Street."

Former Gov. Rick Perry on Wednesday launched an offensive against banks that are too big to fail, making a pitch for Wall Street reform.

After Early Momentum, Energy Legislation Stalls

A fueling station for vehicles powered by compressed natural gas sits in Austin. As of mid-March, Texas was home to 130 natural gas fueling stations, according to the Railroad Commission of Texas. Those 77 public stations and 63 private ones serve about 7,200 vehicles.
A fueling station for vehicles powered by compressed natural gas sits in Austin. As of mid-March, Texas was home to 130 natural gas fueling stations, according to the Railroad Commission of Texas. Those 77 public stations and 63 private ones serve about 7,200 vehicles.

Who killed the House and Senate's top energy bills? Their autopsy evokes the names of T. Boone Pickens and Koch Industries and involves plenty of squabbling between the chambers.  

Abbott Signs Higher Ed Bill Ending Fund Touted by Perry

Gov. Greg Abbott signs several higher education related bills into law on June 4, 2015. He also praised state Sen. Judith Zaffirini, left, for her work in the most recent legislative session on education issues.
Gov. Greg Abbott signs several higher education related bills into law on June 4, 2015. He also praised state Sen. Judith Zaffirini, left, for her work in the most recent legislative session on education issues.

Gov. Greg Abbott signed a bill Thursday that eliminates a controversial startup investment fund long touted by his predecessor, Rick Perry. The legislation directs much of the fund's money to a new researcher recruitment effort.

After Fracking Ban, Denton Residents Ponder Next Steps

A grassroots effort to ban fracking in Denton succeeded last fall, but has now been trumped by state lawmakers.
A grassroots effort to ban fracking in Denton succeeded last fall, but has now been trumped by state lawmakers.

Frustrated Denton residents flooded a city council meeting Tuesday for a conversation about fracking that stretched late into the night. Now that state lawmakers have slapped down the city's fracking ban, residents wonder what else they can do. 

Though Fracked Again, Denton Says Fight Isn't Over

Vantage Energy on June 1, 2015 resumed hydraulic operations on a pad site on the western outskirts of Denton. It was the first company to frack within city limits after the Texas Legislature overturned the Denton’s ban on the process.
Vantage Energy on June 1, 2015 resumed hydraulic operations on a pad site on the western outskirts of Denton. It was the first company to frack within city limits after the Texas Legislature overturned the Denton’s ban on the process.

Seven months after a rag-tag group of local activists scored a surprising victory over the state’s powerful oil and gas industry when Denton voted to ban hydraulic fracturing, a natural gas company Monday resumed operations under a state law passed to overturn Denton's ban.

Effort to Tighten Spending Cap Dies

(L-R) State House Speaker Joe Straus, Governor Greg Abbott and Dan Patrick on May 21, 2015.
(L-R) State House Speaker Joe Straus, Governor Greg Abbott and Dan Patrick on May 21, 2015.

The state’s constitutional spending cap will remain untouched this session, and House and Senate leaders are blaming each other for the lack of action on the arcane but politically important measure.