Search results
Results from the WOW.Com Content Network
Former HUD Secretary Henry Cisneros joined Yahoo Finance Live to break down why what's happening in Texas is a prime example of why the government needs to invest more money into infrastructure.
To transport the record volume of oil and natural gas, Texas pipeline infrastructure expanded to 465,025 miles – an increase of 13,000 miles from 2022-2023, according to the Texas Railroad ...
The known petroleum deposits of Texas are about 8 billion barrels (1.3 × 10 9 m 3), which makes up approximately one-third of the known U.S. supply. Texas has 4.6 billion barrels (730,000,000 m 3) of proven crude oil reserves. [15] As wells are depleted in the eastern portions of the state, drilling in state has moved westward. [16]
(The Center Square) – Job growth in the Texas oil and natural gas industry continues to remain strong, contributing to Texas again leading the U.S. in job growth last month. In October, the ...
[18] [19] In the spring of 2013, new hydraulic fracturing water recycling rules were adopted in the state of Texas by the Railroad Commission of Texas. The Water Recycling Rules are intended to encourage Texas hydraulic fracturing operators to conserve water used in the hydraulic fracturing process for oil and gas wells. [20]
Texas counties by GDP in 2021 (chained 2012 US$) The economy of the State of Texas is the second largest by GDP in the United States after that of California. It has a gross state product of $2.694 trillion as of 2023. [7] In 2022, Texas led the nation with the most companies in the Fortune 500 with 53 in total. [8]
Brutal winter storms in Texas have knocked out power for thousands, underscoring the need for large investments in U.S. infrastructure one industry insider thinks.
In February 2021, the state of Texas suffered a major power crisis, which came about during three severe winter storms sweeping across the United States on February 10–11, [6] 13–17, [7] and 15–20. The storms triggered the worst energy infrastructure failure in Texas state history, leading to shortages of water, food, and heat. [8]