The Success of NAFTA in North American Energy Trade Flows
The North American Free Trade Agreement (NAFTA) was negotiated in the early 1990s and came into effect on Jan. 1, 1994. NAFTA created one of the world’s largest and most successful free-trade zones in the world, broadly reducing or eliminating...
For the first time in over five decades, natural gas has surpassed coal as the United States’ leading fuel source for electricity generation. Much like the shale gas revolution that prompted it, this historical change has not happened overnight. This momentous turning point has also led to a massive...
Americans are finally getting a glimpse of the economic impact from passage of the Tax Cuts and Jobs Act of 2017.
Majority Whip John Cornyn (R-Texas) made a substantial last-minute “manager’s amendment” to the Senate plan, reducing the publicly traded partnerships’ tax cut from 35 percent to 21 percent, which...
One year into President Trump’s administration, how is he doing on energy policy? So far, so good, if you observe what’s been happening at the Environmental Protection Agency (EPA). Under the new leadership of Administrator Scott Pruitt, the EPA has enacted a wide swath of changes that are helping...
In November, the FDA announced that it had approved the first digital pill, which had been developed in a partnership between Otsuka Pharmaceuticals and Proteus Digital Health.
What in the world is a digital pill, you might ask, and why is that something to get excited about? Or, is this...
The tremendous population growth of the last 50 years and the arid nature of much of the state are major reasons Texans are concerned about water. If Texas is going to continue to be a good place to live, we must have adequate, clean water.
A partial solution is recycling...
Behind heavy, blast-proof metal doors, buried dozens of feet underground and surrounded by reinforced concrete, you’ll find Texas’ command center for disaster response. Called “the bunker,” it is technically known as the State Emergency Operations Center (EOC) and is located in uptown Austin at the Texas Department of Public...
When do you plug a well? In theory, you should do so when the cost of operating the well is higher than the income it produces. However, that point is very difficult to ascertain. Remaining reserves, cost of production and sales price of production are all unknowns that directly...
By choosing to produce more energy at home, America has opened the doors to new opportunities and growth across the economy. The surge in domestic oil and natural gas production has lowered household energy bills, cut the cost of manufacturing goods in the United States and supported the livelihoods...
The perennial policy tug of war between energy development and its effects on the environment has many components, and the position of any given politician, interest group or individual citizen is usually heavily influenced by the particular component that is considered to be paramount. But that doesn’t mean that...
