On April 13th, the Texas House of Representatives Committee on Land and Resource Management heard House Bills 3620 and 3621, authored by State Representative Jason Isaac of Dripping Springs. In a maneuver likely designed to avoid heated debate over his bills, which critics argue will fuel development in environmentally sensitive areas of the Hill County,… Full Story
Welcome to the KBH Energy CenterThe Kay Bailey Hutchison Center for Energy, Law, and Business is an innovative interdisciplinary joint venture of the School of Law and the McCombs School of Business at The University of Texas at Austin. The mission of the KBH Energy Center is to provide the finest educational opportunities in the United States to students who wish to pursue careers in energy and to serve as a nexus for incisive, unbiased, and relavant research and analyses for policy makers, with a special emphasis on Latin America. Please download our brochure (PDF).
From the KBH Energy Center Blog
Oil prices have fallen dramatically from their peak, and the forward curve is in extreme contango, which means that forward prices are considerably higher than spot prices. The forward curve reflects the fact that more oil is being pumped than can be consumed, and storage facilities are nearing capacity. Given the current situation, I continue to… Full Story
In June 2013, the Gonzales County Underground Water Conservation District (GCUWCD) discovered, through a newspaper publication in the Gonzales Inquirer, that Marathon Oil Company had applied to the Railroad Commission of Texas (RRC) for a permit to inject oil and gas waste into a former brackish groundwater well in the Carrizo formation of the Carrizo… Full Story
Earlier this week, the U.S. Environmental Protection Agency (EPA) released its 20th Annual Inventory of Greenhouse Emissions and Sinks (Inventory). The Inventory reports emissions of seven key greenhouse gases – carbon dioxide, methane, nitrous oxide, hydrofluorocarbons, perfluorocarbons, sulfur hexafluoride, and nitrogen trifluoride – from a variety of industry sectors. The reported data can be, and… Full Story
The Obama Administration reaffirmed its commitment to the fight against climate change last week. In a plan submitted to the United Nations on Tuesday, the Administration pledged to reduce climate damaging greenhouse gas emissions by 26 to 28 percent below 2005 levels by 2025. Much of this reduction is expected to come from the power… Full Story