Author: Stephen Chang

TXOGA Statement on Electricity Market Assessment that Shows PCM Would Cost Consumers Billions with No Guarantee of New Capacity

AUSTIN – Todd Staples, President of the Texas Oil & Gas Association (TXOGA) today issued a statement following the release of the final results of Bates White’s Assessment of ERCOT Market Reform Alternatives: “Reliability in our electric grid is essential to meet Texans’ basic needs, but so is controlling extreme costs. Having a firm and

CONTINUE READING TXOGA Statement on Electricity Market Assessment that Shows PCM Would Cost Consumers Billions with No Guarantee of New Capacity 1 min read

Final Electricity Market Assessment Finds Performance Credit Mechanism Would Cost Consumers Billions Annually with No Guarantee of Any New Capacity

AUSTIN – The proposed Performance Credit Mechanism (PCM) being considered among ERCOT market reform options “would entail billions in costs for customers without a meaningful improvement in reliability,” according to the final results of an Assessment of ERCOT Market Reform Alternatives, prepared by Bates White Economic Consulting, a firm with 25-years of experience in providing

CONTINUE READING Final Electricity Market Assessment Finds Performance Credit Mechanism Would Cost Consumers Billions Annually with No Guarantee of Any New Capacity 3 min read

TXOGA Statement on House Passage of HB 5

AUSTIN – Todd Staples, President of the Texas Oil & Gas Association (TXOGA) today issued a statement on the House passage of HB 5, the Texas Jobs & Security Act, authored by Chairman Todd Hunter, which would create a new, modern economic development program: “There is no reason Texas—the 9th largest economy in the world—should

CONTINUE READING TXOGA Statement on House Passage of HB 5 1 min read
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TXOGA Announces Hiring of New Chief Economist

AUSTIN – The Texas Oil & Gas Association (TXOGA) today announced the hiring of Dr. Dean Foreman as Chief Economist. Todd Staples, President of TXOGA, issued the following statement: “Dean brings a wealth of experience that will greatly benefit the Texas oil and gas industry as well as TXOGA member companies,” said Staples. “His nearly

CONTINUE READING TXOGA Announces Hiring of New Chief Economist 1 min read

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