Groundwater law and oil and gas law share the same genesis—the ancient law of absolute ownership – the notion that a landowner owns everything above and beneath his land, “up to the sky and down to the depths.” But after applying the rule of capture – a doctrine that does not impose liability against one… Full Story
Welcome to the KBH Energy CenterThe Kay Bailey Hutchison Center for Energy, Law & Business is an interdisciplinary academic center created by the School of Law and the McCombs School of Business at UT Austin. Our mission is to provide the finest educational opportunities in the U.S. to students wishing to pursue careers in energy and to serve as a nexus for incisive, unbiased, and relevant research and conferences for policymakers around the world, with special focus on Latin America. Download the Center's brochure and 2016-2017 Year-in-Review Newsletter.
From the KBH Energy Center Blog
Most prognosticators thinking about energy policy in a Trump Administration foresee a reversal of the Obama Administration’s efforts to combat climate change, as well as a series of other regulatory and legislative adjustments designed to favor fossil fuels and disfavor renewables in energy markets. (Ann Carlson, for example, has an excellent post on the transition… Full Story
Context (What is the problem?) Trinidad and Tobago has a problem. The main driver of its economy is natural gas production. In Trinidad and Tobago, natural gas is used to produce LNG, methanol and ammonia and generate all the electricity. The 218% increase in natural gas production from 1999 to 2008 led to a quadrupling… Full Story
After a tumultuous year, things are beginning to look up for natural gas producers, particularly in Texas. As previously reported, Texas producers have been among the hardest hit by the recent decline in gas prices, which reached a low of just $1.66 per million British thermal units (MMBtu) earlier this year, down from $6.00 in… Full Story
Nuclear generators in New York are breathing a collective sigh of relief this week after the state Public Service Commission (PSC) on Monday approved a new Clean Energy Standard (CES), providing nearly $500 million in annual subsidies for generating facilities experiencing financial difficulties. Continued operation of nuclear facilities is seen as vital to achieve the… Full Story