On June 2, 2014, the U.S. Environmental Protection Agency (EPA) released a proposed rule limiting carbon dioxide emissions from existing fossil fuel power plants. The proposal, known as the Clean Power Plan, is expected to be finalized within weeks. Even before this occurs, however, many states have already vowed to oppose it. The opposition movement… 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
Throughout the American southwest, state legislators are waging a battle for control over the oil and gas industry. After decades of sharing control with local governments – many of which regulate oil and gas drilling within their boundaries – state legislators in New Mexico, Oklahoma, and Texas are now seeking to curtail local regulation. To… Full Story
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
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