America’s biggest retiree group wants state regulators to reject oilman Ray L. Hunt’s proposal to buy the state’s biggest electric transmission company, suggesting it will shift wealth from everyday Texans to rich folks in suits.
Texas Public Utility Commission
Posted in
Economy
Big Oil’s Trouble, Drilling Rules were Top Energy Stories of 2015
Texans could hardly avoid the doom-and-gloom headlines about plummeting oil prices in 2015. But that was far from the only major storyline in energy this year.
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Economy
Staffers Say Texas Regulator Should Nix Oncor Deal
Experts at the Public Utility Commission of Texas are urging its three commissioners to reject plans by a Dallas oilman and real estate tycoon to take over the state’s largest electric transmission company.
Posted in
Economy
Judge Approves Energy Future Holdings’ Bankruptcy Plan
A federal bankruptcy judge has signed off on a plan break up key pieces of Energy Future Holdings — a major step in the conglomerate’s effort to shed tens of billions of dollars in debt.
Posted in
Economy
Investor Objection Threatens Hunt’s $18 Billion Oncor Takeover Plan
A group of minority investors is threatening to derail a plan to lift Texas’ biggest power conglomerate from one of the largest corporate bankruptcies in American history.
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Economy
EPA Head: Texas Should Want Its Own Clean Power Plan
The head of the U.S. Environmental Protection Agency suggested that Texas leaders should play along with her agency’s sweeping Clean Power Plan, if only to avoid a more rigid carbon-cutting plan imposed by the federal government.
Posted in
Energy
Texans Seem to be Happier With Electric Companies
Texans are griping less about their electricity providers, but a sharp spike in complaints against one small company may affect oilman Ray Hunt’s $18 billion bid to take over the state’s largest electric transmission company.
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Energy
Predictions of Woe from Federal Clean Air Plan Softened
President Obama’s plan to combat climate change will cause higher power prices in Texas and threaten electric reliability, but not as much as originally feared, operators of the state’s main grid, the Electric Reliability Council of Texas say in a new analysis.
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Energy
Dallas Mogul Launches Bid for Giant Power Company
A group of investors led by a Dallas oilman and real estate mogul has launched a bid to take control of Oncor, the state’s largest electric transmission company, putting forth an unprecedented plan.
Posted in
Energy
House Votes to Keep Grid Decisions in Texas
The state House on Monday voted to make sure Texans have the final say over who gets to connect to the Texas’ near-island of an electric grid.
