ERCOT Overcharged Power Companies $16 Billion for Electricity During Winter Freeze, Firm Says

The Electric Reliability Council of Texas made a $16 billion error in pricing during the week of the winter storm that caused power outages...

Just Who Is ERCOT?

The winter storm that overloaded the Texas power grid and left more than 4 million residents without electricity as temperatures hit record lows has...

Massive Power Outages In Texas Severely Impact Rural Areas

At least 4 million Texans have been without electricity for more than a day in an unprecedented crisis caused by a winter storm. ERCOT...

Too Little, Too Late? Phelan Announces Joint Hearing to Address Blackouts

Speaker Dade Phelan announced the House Committees on Energy Resources and State Affairs will convene in a joint hearing on February 25th to, "help...

Texas Broadband Expansion Needed, But Uncertain

If there’s anything the last year has taught Texans, it’s that our broadband internet infrastructure is woefully inadequate when it comes to connecting everyone....

From Avocado Toast to Houses, “Aging Millennials” Driving Real Estate Market

According to Texas A&M University's 2021 Texas Housing and Economic Outlook published this month by the university’s Real Estate Research Center, the economic impacts...

Texas Construction Activity Down, but Still Ranking High for U.S.

Without a doubt, 2020 will stand out as one of the most unimaginable and unforgettable years in history. The new decade began on an upbeat...

Texas Oil Industry Not Jumping for Joy Over Biden Presidency

With former Vice President Joe Biden inching closer to clinching the presidency, the Texas oil and gas industry is bracing for a future with...

Retail Spending Still Strong, but Rest of Texas Economy Hurting

With the exception of retail sales, all major economic sectors of the Texas economy continue to be impacted by the ongoing pandemic, according to...
Taxes

Texans Still in a Buying Mood, but Rest of State’s Economy in a Slump

State sales tax revenue totaled $2.57 billion in September, 6.1% less than in September 2019. “The COVID-19 pandemic and low price of crude oil continue...
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