Oil and gas companies have said the region needs more power. Environmentalists and a conservative think tank worry the state is moving too fast — and ratepayers will see the costs in their bills.
Economy
Get the latest on jobs, business, growth, and policy shaping the state’s economy with in-depth reporting from The Texas Tribune.
Texas oil companies stand to profit from Iran war disruptions while consumers face higher gas prices
Texas’ status as the nation’s largest oil producer will partially insulate its residents from some gas price hikes, but it’s not immune to disruptions, experts say.
ExxonMobil set to to move its legal home to Texas, citing business friendly environment
Gov. Greg Abbott celebrated the announcement on Tuesday, crediting Texas’ legal environment. Exxon has based its operations in the Houston area since 1989.
After a decade of missteps, Corpus Christi careens toward water catastrophe
City officials expect to reach a “water emergency” within months and run out of water next year. That would halt jet fuel deliveries to Texas airports, hike gas prices and trigger a local economic disaster without precedent, former officials say.
Texas hemp businesses fear an uptick in police raids after more than 15 in the last two years
Attorneys for hemp businesses say the raids have hurt their revenue and reputation, while police said they’re necessary to root out products with illegal levels of THC.
Politicians want to stop companies from buying homes. A ban wouldn’t bring down costs.
President Trump, who wants to stop profit-driven companies from buying residences in bulk, spotlighted the struggles of a Houston woman who was regularly outbid by firms on homes in the pandemic.
Austin police confident in SXSW security plans after West 6th Street shooting
The festival draws hundreds of thousands of people to the city every year. Safety precautions were already designed to address the possibility of mass violence.
Business owners sue comptroller after their removal from state minority business program
Women- and minority-owned businesses were removed from the Historically Underutilized Business Program in December by acting Comptroller Kelly Hancock, who argued he was ending a DEI program.
Dallas’ affordable housing supply is evaporating, report finds
High-cost housing in Texas’ third-largest city reflects challenges across the state, which has faced an affordability crisis amid extraordinary growth.
Xcel will replace high-risk power poles after attorney general sues over 2024 wildfires
A damaged Xcel pole owned sparked the Smokehouse Creek fire, the largest in state history.
