Author: Stephen Chang

TXOGA Statement in Support of Texas Jobs and Security Act

AUSTIN – Todd Staples, President of the Texas Oil & Gas Association (TXOGA) today issued the following statement in support of HB 5, the Texas Jobs and Security Act filed by Chairman Todd Hunter: “Thank you to Texas House Speaker Dade Phelan and Chairman Todd Hunter for moving the Lone Star State in the right

CONTINUE READING TXOGA Statement in Support of Texas Jobs and Security Act 1 min read

Newly Published Assessment Finds Performance Credit Mechanism Would Cost Consumers $5.7 Billion Annually; Dispatchable Reliability Reserve Service Would be More Effective at a Fraction of the Cost

AUSTIN – The proposed Performance Credit Mechanism being considered among ERCOT market reform options, “would entail billions in costs for customers without a meaningful improvement in reliability,” according to an Assessment of ERCOT Market Reform Alternatives, prepared by Bates White Economic Consulting, a firm with 25-years of experience in providing advanced economic, financial, and econometric analyses to law firms, companies, and government agencies.

CONTINUE READING Newly Published Assessment Finds Performance Credit Mechanism Would Cost Consumers $5.7 Billion Annually; Dispatchable Reliability Reserve Service Would be More Effective at a Fraction of the Cost 3 min read

TXOGA Winter Weather Situation Report

A PDF version of the situation report can be found here. NATURAL GAS PRODUCTION, TRANSPORTATION AND STORAGE Across the U.S. natural gas production is holding steady and is forecasted to increase while power demand is beginning to decrease. Texas natural gas production, processing, transmission, and storage sectors continues to perform. Overall, according to RBN Energy,

CONTINUE READING TXOGA Winter Weather Situation Report 3 min read

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