Houston Matters

What’s the Role of Houston’s Energy Corridor District?

Posted on · Shell Oil and Conoco moved to Houston’s Energy Corridor back in the early 1970s, and in the decades since, a number of oil and gas and energy industry service companies settled there. In 2001, state lawmakers officially established the Energy Corridor District – a municipal management district, which coordinates public/private investments, promotes public safety and seeks […]

Houston Matters

What’s the Future of Energy in Greater Houston?

Posted on · A generation ago, in the Houston of the 1980s, energy companies relied almost exclusively on the production and distribution of fossil fuels, and Houston relied almost exclusively on the oil and gas industry to drive the economy. The industry and the community’s fates were intertwined, for better or worse. Today Houston is more diversified, and […]

Full Show

The First-Ever Houston Matters Road Show: Monday’s Show (September 14, 2015)

Posted on · Houston Matters recently (Aug. 18, 2015) took a trip to the Energy Corridor to record a special edition of the show in front of a live audience at the Holiday Inn Houston West. Crude oil prices are at a six year low, contributing to oil company layoffs and bankruptcies over the last year. And yet, […]

Houston Matters

A Newcomer’s Guide to Houston’s Economy

Posted on · When you think about the Houston economy, the first thing you probably think of is the oil and gas industry. And while that is still a very big driver of the Houston economy, the city is much more diverse than it was a few decades ago. News 88.7 business reporter Andrew Schneider gives us the lowdown […]

Houston Matters

How Did Mexico’s First Offshore Oil Auction Fare, and What Does That Mean for Success of Country’s Reform?

Posted on · Earlier this month, Mexico held its first in a series of auctions of offshore oil leases. These auctions are part of the country’s bigger energy reform that’s opening the oil and gas industry to outside investors for the first time in nearly eight decades. The first auction fell short of many industry expectations, with only […]

Houston Matters

How Would Repeal of 40-Year-Old Ban on Crude Oil Exports Impact Houston?

Posted on · There’s proposed legislation in Washington that would repeal a forty-year-old ban on crude oil exports. Two U.S. Representatives from Texas- Congressman Gene Green (D-Houston) and Congressman Joe Barton (R-Ennis) -weighed in during a recent hearing before a House and Energy subcommittee. Congressman Barton, chief sponsor of the bill, argues repealing the ban on crude oil […]

Houston Matters

Will Houston’s Ties to the Global Economy Help it Weather Sagging Oil Prices?

Posted on · The Greater Houston Partnership Wednesday (5/27/15) held an event examining the “State of Houston’s Global Economy.” With that in mind, we talk with Richard Stubbe, Houston Bureau Chief and editor on energy markets for Bloomberg News, about the latest trends we’re seeing among Houston-based companies engaged in global economic activities, including (but not limited to) the oil […]

Houston Matters

Low Oil Prices on Minds as Offshore Technology Conference Begins

Posted on · The 2015 Offshore Technology Conference kicks off today at NRG Park. More than 90,000 oil and gas professionals from 130-plus countries will converge to learn about the industry’s latest technology and equipment. Also high on the minds of OTC attendees: how the drop in oil prices is impacting the industry, and what the new Subsea […]

Houston Matters

Texas City Explosion Ten Years Later: Lesson Learned and Ignored

Posted on · March 23 marked the 10-year anniversary of the fatal Texas City explosion. Fifteen workers died and about 180 others were injured amid a series of explosions at the BP oil refinery in Texas City. As described in coverage from the Texas Tribune and Houston Chronicle, warnings from the US Chemical Safety and Hazard Investigation Board about […]

Full Show

Texas City Explosion & Climate Change: Thursday’s Show (April 2, 2015)

Posted on · March 23 marked the 10-year anniversary of the fatal Texas City explosion. Fifteen workers died and about 180 others were injured amid a series of explosions at the BP oil refinery in Texas City. As described in coverage from the Texas Tribune and Houston Chronicle, warnings from the US Chemical Safety and Hazard Investigation Board about […]

Houston Matters

Is the Boom in Shale Gas Production Over, or Just Pausing?

Posted on · Is the boom in  shale gas production — as a recent Houston Chronicle article suggested — “starting to waver?” It’s not that there isn’t more gas trapped beneath shale to capture (though that supply is not indefinite), a question the industry is asking now is: with crude oil fetching far less per barrel than it did […]

Houston Matters

Amidst Low Oil Prices, What Will Landmark Fine Mean for Schlumberger?

Posted on · Schlumberger, the world’s largest oilfield services company, whose domestic offices are based here in Greater Houston, has agreed to pay more than $232 million for violating U.S. sanctions in Iran and Sudan. The subsidiary Schlumberger Oilfield Holdings Limited will also plead guilty to conspiring to violate the International Emergency Economic Powers Act or IEEPA. Other […]

Full Show

Schlumberger’s Record Fine and Texting While Driving: Thursday’s show (March 26, 2015)

Posted on · Schlumberger, the world’s largest oilfield services company, whose domestic offices are based here in Greater Houston, has agreed to pay more than $232 million for violating U.S. sanctions in Iran and Sudan. The subsidiary Schlumberger Oilfield Holdings Limited will also plead guilty to conspiring to violate the International Emergency Economic Powers Act or IEEPA. Other […]

Houston Matters

Does Houston’s Economic Growth Have a Dark Side?

Posted on · Late last month, Forbes magazine published its list of the fastest growing U.S. cities for 2015. Houston ranked No. 1. Austin was No. 2. Dallas was third. Fort Worth and San Antonio also cracked the top ten. The list is based on population growth, employment data, and other economic indicators. Even with oil prices dropping precipitously […]

Houston Matters

How are Low Oil Prices Affecting Houston’s Real Estate Market?

Posted on · As discussed previously on this program, the Urban Land Institute and Price Waterhouse Cooper’s “Emerging Trends in Real Estate 2015” report suggests Houston is the country’s number one “market to watch” this year. So, Houston Matters will do just that, periodically, throughout 2015. It’s been a seller’s market in real estate here in Houston for some time […]