Gulf Coast Hub > Texas

Resources Market Infrastructure Policy

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

4th Resources
5th Market
1st Infrastructure

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.

state-texas

Production trillion btu

4210
Oil
8565
Gas
579
Coal
110
Wind
4.07
Solar
2
Hydro
47
Biofuel
403
Nuclear

net energy Production trillion btu

1,594
+13,920 Produced
12,326 Consumed

Consumption trillion btu

5918
Oil
3992
Gas
1499
Coal
514
Renewable
403
Nuclear

Gasoline Tax total state + federal, 2014

TX
$0.38
USA
$0.46

Key Policies

  • 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

+44
8.71¢
TX
8.81¢
USA