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Texas

Jamie
Finance

Dimon Suggests Other States Should Be More Like Texas

February 28, 2024 Stu Turley

Jamie Dimon applauded Texas for its business-friendly policies and said other areas including New York City should do more to attract investment. The chief executive officer of JPMorgan Chase & Co. praised Texas’s lack of an income tax […]

Texas
Energy Storage

Texas will add more grid batteries than any other state in 2024

February 28, 2024 Mariel Alumit

California and Texas have a new clean-energy superlative to compete over: who’s got the most grid batteries. Last year, Texas overtook California in large-scale solar power capacity. When huge amounts of solar power rush onto the grid, […]

Big Oil Companies

Daily Energy Standup Episode #311 – EV Market Slump, California Oil Battles, and Nuclear Power Advancements

February 19, 2024 Andy Del Prado

Daily Standup Top Stories Even the World’s Biggest Electric-Vehicle Market Is Slowing February 18, 2024 Stu Turley HONG KONG—Chinese electric-vehicle makers that enjoyed years of explosive growth now face a slowdown in domestic demand, spurring them to push […]

Big Oil Companies

BlackRock invests $550M in world’s largest direct air capture plant

February 17, 2024 Stu Turley

Direct air capture is a worthwhile investment, according to money manager BlackRock, which just invested more than half a billion of its clients’ dollars in the world’s largest facility for pulling carbon out of the […]

Texas
Grid

Texas to explore new grid recovery options after 82% of blackstart units failed during Winter Storm Uri

February 6, 2024 Mariel Alumit

Dive Brief: There have been significant reliability improvements made to the Texas electricity grid since Winter Storm Uri in 2021 but the state should still consider new approaches to system recovery including the use of […]

U.S. growth
Crude Oil News

Rise in relatively denser crude oil production drives U.S. growth

January 24, 2024 Stu Turley

Data source: U.S. Energy Information Administration, Monthly Crude Oil and Natural Gas Production Crude oil production in the United States reached a record high in August 2023, led primarily by more production in Texas. In 2023, most […]

Carbon Tax

Daily Energy Standup Episode #290 – Weekly Recap: Self-Driving Cars, Biden’s Policies, and the Future of the Oil Market

January 20, 2024 Andy Del Prado

Daily Standup Weekly Top Stories Would you buy a Ford self-driving car that would automatically drive to a repo company if you missed a payment?  January 13, 2024 Stu Turley Would you buy a Ford self-driving […]

Texas
Energy Crisis

Texas set three records for power demand and supply during winter storm

January 17, 2024 Mariel Alumit

The Texas grid and energy companies set three all-time records for demand and supply to meet energy needs during subfreezing temperatures that began early Monday, expecting to last through Wednesday, Gov. Greg Abbott said. “Texas […]

battery
Energy Storage

Texas startup delivers landmark results with ‘earthen’ battery technology: ‘The opportunities … are significant’

January 17, 2024 Mariel Alumit

A trial run of Houston-based Sage Geosystems’ underground battery has delivered “groundbreaking” results, the company reported. The tech, sometimes called an “earthen” battery, is meant to store electricity generated from renewable sources. It’s also geared to be an […]

US natural gas
Natural Gas

Frigid temps cut US natural gas supply as demand soars, Texas faces possible shortfall

January 16, 2024 Mariel Alumit

Nasdaq U.S. natural gas output fell to a preliminary 11-month low on Sunday as frigid weather froze wells across the country, while gas demand for heating and power generation was on track to hit record highs. […]

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