Tribpedia: Economy

With a civilian labor force of more than 12 million and a gross state product of $1.22 trillion in 2008, Texas has the second largest economy in the United States and the 15th largest in the world. The Federal Reserve Bank of Dallas is one of many agencies that keeps track. The state comptroller stays up with key statistics.

Texans Remember Late Fracking Magnate's Impact

Chesapeake Energy CEO Aubrey McClendon died in a car crash in Oklahoma on March 2, 2016.
Chesapeake Energy CEO Aubrey McClendon died in a car crash in Oklahoma on March 2, 2016.

Those who followed the turbulent career of Aubrey McClendon called him one of the most influential Texas figures in a generation — warts and all. The late former Chesapeake Energy CEO helped spur nation's Texas-led surge in natural gas production.

Oncor CEO Bob Shapard testifies before the Texas Public Utility Commission on Jan. 11, 2016. He expressed concerns over the Hunt family's plan to buy Oncor, the state's largest electric utility.
Oncor CEO Bob Shapard testifies before the Texas Public Utility Commission on Jan. 11, 2016. He expressed concerns over the Hunt family's plan to buy Oncor, the state's largest electric utility.

Oncor: Hunt's Possible Merger Could Boost Rates

Oncor, the state’s largest utility, is warning state regulators that electric rates could increase for millions of Texas customers if they approve a complex reorganization plan offered by the Ray L. Hunt family.

 

An oil driller had filed a lawsuit over sales tax refunds. Texas Comptroller Glenn Hegar's office warned that a Texas loss could have spurred up to $4.4 billion in refund filings for 2017 alone.
An oil driller had filed a lawsuit over sales tax refunds. Texas Comptroller Glenn Hegar's office warned that a Texas loss could have spurred up to $4.4 billion in refund filings for 2017 alone.

Oil Driller's Lawsuit Could Cost Texas Billions in Tax Refunds

What is the definition of "tangible personal property?" The arcane question is at the center of a lawsuit that could reap energy companies a multibillion-dollar windfall and drain the state's budget surplus.

During a stop at the Spindletop Museum in Beaumont, U.S. Sen. Ted Cruz pitched his energy policy bill, which he calls the American Energy Renaissance Act.
During a stop at the Spindletop Museum in Beaumont, U.S. Sen. Ted Cruz pitched his energy policy bill, which he calls the American Energy Renaissance Act.

Disconnect for Ted Cruz Between Pipeline Stance and Attack on Trump

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.

 

Oncor CEO Bob Shapard testifies before the Texas Public Utility Commission on Jan. 11, 2016. He expressed concerns over the Hunt family's plan to buy Oncor, the state's largest electric utility.
Oncor CEO Bob Shapard testifies before the Texas Public Utility Commission on Jan. 11, 2016. He expressed concerns over the Hunt family's plan to buy Oncor, the state's largest electric utility.

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.

Physicist Paul Chu, head of the University of Houston's Center for Superconductivity, speaks at a research summit organized by the Academy of Medicine, Engineering and Science of Texas on Nov. 13, 2015.
Physicist Paul Chu, head of the University of Houston's Center for Superconductivity, speaks at a research summit organized by the Academy of Medicine, Engineering and Science of Texas on Nov. 13, 2015.

Texas Scientist Aims to Revolutionize Electricity Grid

Paul Chu, founding director and chief scientist at the University of Houston’s Texas Center for Superconductivity, discusses how energy storage could revolutionize the grid, and how Texas plays a role in advancing the technology. 

A new breed of app-based moving companies has drawn the interest of the Texas Department of Motor Vehicles, which wants to ensure that the companies are following state laws.
A new breed of app-based moving companies has drawn the interest of the Texas Department of Motor Vehicles, which wants to ensure that the companies are following state laws.

Uber-Style Moving Apps Draw State's Attention

A new breed of app-based moving companies has drawn the interest of the Texas Department of Motor Vehicles, which wants to ensure that companies with names like Buddytruk and PICKUP are following state laws.