Energy

Reporting and commentary on the Texas energy industry and innovations shaping its future

Energy |
April 30, 2011

Oil Night Long

Amid all the drink tickets, bikini-clad hostesses, and outrageous displays of wealth at the world’s largest expo for independent oilmen, I was determined to get some answers about the future of the business.

Energy |
August 31, 2010

Baby Boom

On October 27, 1900, an Austrian-born mining engineer named Anthony F. Lucas spudded in an oil well on a hill near Beaumont. He’d drilled a previous well in the vicinity to a depth of 575 feet before running out of money and giving up, but this time he’d secured financing

Energy |
March 31, 2008

Joe Wayland, Oil Field Worker

Wayland grew up in Midland and has worked in the oil industry for nearly a decade. He is now a mud engineer for Baker Hughes Drilling Fluids in Victoria.When I was growing up in Midland, I didn’t want anything to do with the oil field. In junior high, you learn

Energy |
January 1, 2007

Coal Hard Facts

Facing an energy crisis, Texas is on the verge of a solution that will belch about five billion tons of carbon dioxide into the atmosphere in the next forty years. Breathe deeply—while you still can.

Business |
May 31, 2005

Boone Pickens

“The record’s clean. I’m sure that I haven’t done everything that everyone would like me to do. But I’ve never hurt anybody.”

Business |
November 1, 2001

How Enron Blew It

The Houston-based energy giant put the pursuit of profits ahead of all other corporate goals, which fostered a climate of workaholism and paranoia. And that was only part of the problem.

Energy |
August 31, 1997

Power Surge

The biggest economic news in Texas is the merging of the electric and natural-gas utility industries in anticipation of the coming deregulation of electricity. Huge deals are in the works: Houston Industries, the parent of Houston Lighting and Power, is acquiring Houston-based NorAm, the nation’s third-largest gas utility; and Texas

Energy |
April 30, 1997

Power Outage

The state’s big investor-owned utilities, aptly nicknamed IOUs, are in big trouble—and Wall Street knows it. Historically, the IOUs have been able to block damaging legislation calling for the deregulation of electricity and immediate rate cuts, but the once-friendly Public Utility Commission has turned against them. In a sweeping and

Energy |
February 1, 1996

Oil’s Well That Ends Well

It’s not enough to say that associate editor Helen Thorpe was a fish out of water while reporting her story on the new oil plays in the Gulf of Mexico (“Oil and Water,”). She was really a fish out of water on the water. Three different times, the 31-year-old,

Energy |
May 31, 1992

Oil and Water

Ten years ago I guess you could call yourself a Texan if you hadn’t been to the Offshore Technology Conference in Houston, but an easy conversance with the OTC and its ways certainly bolstered your credentials. Back then the OTC was, like riding a horse or drinking a beer in

Energy |
December 1, 1990

Boomtown

Don’t give up on oil yet, Texas. Come along to Pearsall, deep in the brush country, and learn how the new oil boom is different from the old.

Business |
August 31, 1983

The Big Con

From his early days in Big Spring, Eugene Anderson wasn’t what he seemed; neither was the mysterious element he later claimed turned water into fuel.

Energy |
June 30, 1983

The Gambler

Jack Young was the eighties’ oil boom in the flesh. Unfortunately, he also personifies the aftermath of the bust.