A nearly daily update of energy-related news:
- Senior economist Keith R. Phillips said in a video on the Federal Reserve Bank of Dallas’s website that the Texas economy is continuing to hold strong despite low oil prices. According to the Texas Employment Forecast released this month, data indicates that there could be upwards of 175,000 jobs added this year. “Jobs have to decline in order for there to be a recession, and the forecast suggests that jobs will continue to grow…,” Phillips said. “There’s still a possibility that things will weaken…, but I think our best forecast is that Texas will continue to grow this year.”
- According to the EIA’s Annual Energy Outlook, consumption of natural gas is projected to rise 21 percent by 2040, from 28 Tcf in 2015 to 34 Tcf in 2040. Of this increase, the industrial sector makes up 49 percent of the growth while the electric power sector comprises 34 percent.
News Release TCEH Corp., Parent Company for Luminant and TXU Energy, Emerges from Chapter 11 as a Competitive, Well-Capitalized Company *** Energy Industry Veteran Curt Morgan Formally Named CEO *** Restructuring Eliminates More Than $33 Billion in Debt *** Benefits from Low Leverage Relative to Peer Group *** Company […]
Razen Thomas is proud to be Powering Texas and proud of the hard work and innovation that she sees from her colleagues every day at Oak Grove Power Plant. As support manager, Razen makes sure everyone has the tools, equipment and processes to do their jobs safely and effectively. Watch this month’s Job One Profile […]
An abundance of wildlife, including numerous bald eagles, call Luminant’s sites and reclaimed land home. When Liberty Mine’s resident bald eagle pair returns this fall, they’ll find a few home renovations – most notably, a new nest location. The eagles’ nest was recently moved away from mining activities to a new location on company property […]