Gulf Coast Hub > Texas
Resources: A measure of total energy production and consumption per capita
Market: The cost of consumption, measured in electricity prices and gasoline taxes
Infrastructure: Capacity to generate and refine energy sources; miles of pipelines
Texas leads the nation in total energy production—primarily crude oil and natural gas—and possesses almost one-third of the U.S. total crude oil reserves.
Texas is the only state within the lower 48 with a stand-alone electric grid entirely within its borders. The Texas Grid is called ERCOT and has three ties to Mexico and two ties to the eastern U.S. grid.
Texas leads the nation in wind-powered electricity generation, with more than twice the installed capacity of California—the second highest state for wind power—and more than one-fifth of the U.S. total.
Production trillion btu
net energy Production trillion btu
Consumption trillion btu
Gasoline Tax total state + federal, 2014
Reached its renewable energy portfolio target 16 years ahead of schedule.
Allows the use of conventional motor gasoline in most of the state but requires special blends to meet air quality requirements in the eastern half of the state (including Houston and Dallas-Fort Worth) and in El Paso County to the west.
Requires permits and compliance bonds for oil and gas well drilling. Permit fees begin at $200 (increasing for deeper wells), and bonds begin at $2.00 for each foot of total well depth for each well operated. Additional financial security for offshore wells begins at $100,000.
Electricity net production, trillion btu