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.
Economy
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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.
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Economy
Abbott’s Office Touts Tax Incentives He Once Questioned
On the campaign trail, Greg Abbott suggested government should get “out of the business of picking winners and losers.” But his office strongly supports the taxpayer-funded incentives Texas uses to lure in businesses.
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Economy
Humble Trucker Wins Hollow Victory in Workers’ Comp Case
State regulators have told an injured truck driver what he already knew — that his insurance company failed to properly document his debilitating back injury — but the finding won’t help Juan Boston pay his medical expenses.
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Economy
Big Bend Pipeline Now Closer to Approval
A coalition of ranchers, environmentalists and disgruntled landowners has suffered a major setback in its battle to block a proposed pipeline that would carry natural gas beneath 143 miles of largely untouched Big Bend-area land.
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Economy
Texas Targets EPA Smog Rule in Latest Suit
Texas is suing the federal Environmental Protection Agency again. This time, the state is targeting tightened standards on ground-level ozone — President Obama’s effort to cut down on smog that chokes the nation’s skies.
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Economy
As Oil Prices Plunge, New Scrutiny of Gas Tax Credit
By reclassifying oil wells as gas wells, producers can often claim a generous state tax credit targeting “high cost” natural gas. Now, some lawmakers say the policy deserves a fresh look.
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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
Study: Barnett Shale Is Richer Than Previously Thought
North Texas’ Barnett Shale — one of the country’s largest natural gas fields and the birthplace of modern fracking — holds twice as much reachable gas as previously thought, the federal government says.