The idea of creating another level of monitoring over Texas’ natural gas industry appears to be gaining some traction among state lawmakers. At a meeting of...
The idea came up as officials overseeing Texas’ electricity and natural gas markets testified before the Senate Business and Commerce Committee.
Sen. Donna Campbell, R-New Braunfels, indicated that she might file legislation that would create more transparency into the Texas natural gas market. As it stands, pricing and capacity remain something that the Railroad Commission reports on monthly, according to theChristian said power generators and natural gas suppliers have relied upon phone calls to ensure capacity of a resource that saw. To get more real-time data, Christian said the Legislature would have to act.
On Wednesday, Jones likened the incomplete view of the natural gas market within Texas to looking through a peephole of a door.
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