Despite a recent ad bashing Donald Trump for employing eminent domain for a parking lot, Ted Cruz has backed the Keystone XL and other pipeline projects that would use the same controversial tool to displace landowners.
Economy
Get the latest on jobs, business, growth, and policy shaping the state’s economy with in-depth reporting from The Texas Tribune.
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Economy
As Oil Prices Plunge, Hegar Asked if Budget Outlook is Too Rosy
While Comptroller Glenn Hegar tried to assure lawmakers that plummeting oil prices do not mean the Texas economy is headed for a nosedive, some worried Hegar was being overly optimistic.
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Economy
High Power Rates Spark Outrage in Rural Texas
“Politicians shouldn’t mess with churches or farmers, and this is a church full of farmers,” says Janey Burke of Roscoe’s Champion Baptist Church, whose congregation can be counted among those outraged by Sharyland Utilities’ bills.
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Economy
Texas Loses Bid to Block Clean Power Plan
A federal appeals court on Thursday denied a request from Texas and other states to block President Obama’s Clean Power Plan, leaving the climate change rules in place as a legal challenge winds through the courts.
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Economy
Video: A Conversation with Glenn Hegar
Full video of my 1/21 conversation with Glenn Hegar, the Texas Comptroller of Public Accounts. Topics discussed: oil prices, taxes, jobs and economic incentives.
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Economy
Falling Oil Prices Leading to Drop in Texas Road Funding
Because of crashing oil prices, Texas will send far less of its money in the coming years to transportation than it originally expected, Comptroller Glenn Hegar told state lawmakers on Wednesday. But the Republican’s overarching message? Don’t panic.
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Economy
Environmentalists Ask EPA to Strip Texas’ Regulatory Authority
Alleging that Texas has dramatically eroded its safeguards against air and water pollution, two environmental groups are asking the federal government to step in.
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Economy
Oncor Airs Concerns with Ray Hunt Takeover Plan
Top officials at Oncor, Texas’ largest electric utility, aired concerns on Monday with Dallas billionaire Ray L. Hunt’s $18 billion proposal to take over and reshape their company.
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Economy
Add Rick Perry to Those Taking Issue with Hunt’s Oncor Plan
Former Gov. Rick Perry is raising concerns about Ray L. Hunt’s proposal to buy Oncor, state’s largest electric transmission company — speaking out as Texas regulators prepare to kick off hearings on the mammoth deal.
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Economy
Retirees Group Spars With Hunt Over Oncor Sale
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.