Texas’ Largest Corporate Welfare Program Is Leaving Companies Flush and School Districts Broke
The state’s Chapter 313 program offers steep discounts on property taxes to attract big industrial projects that are supposed to pay off over the long term. But by the time these projects return to the tax rolls, much of that value has disappeared.
Nowhere are Chapter 313 agreements more prolific than in the state’s Gulf Coast region. Justin MIller
The state’s Chapter 313 program offers steep discounts on property taxes to attract big industrial projects that are supposed to pay off over the long term. But by the time these projects return to the tax rolls, much of that value has disappeared.
The January March quarter pitted the prepared against the unprepared as operators of US pipelines and liquefaction terminals that were able to deliver supplies during the February freeze in Texas were
Biden Wants To Take On The Fossil-Fuel Industry. Dozens Of His Officials Are Invested In It
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President Joe Biden speaks during a climate change virtual summit from the East Room of the White House on April 22, 2021, in Washington, D.C.
BRENDAN SMIALOWSKI/AFP via Getty Images
Climate envoy John Kerry, policy advisor Susan Rice and Treasury Secretary Janet Yellen all arrived in Washington with oil-and-gas interests in their portfolios.
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On the campaign trail, Joe Biden tried to distance himself from oil, gas and coal companies, pledging not to accept money from fossil-fuel firms. Dozens of those now serving in his administration, however, were less rigid about separating themselves from energy giants. In fact, at least 74 Biden Administration officials and nominees disclosed interests in the fossil-fuel sector, according to a review of federal disclosures by
The
The
So what will the stock market do today? Here are the top stories.
What Will the Stock Market Do Today? Talk Hustles.
The Dogefather disappointed on Saturday, calling beloved meme coin
Dogecoin (CCC:
DOGE-USD) a hustle. Granted, he also said that “It’s the future of currency. It’s an unstoppable financial vehicle that’s going to take over the world.”
The Dogefather himself called #Dogecoin a hustle on SNL this weekend. Do you still plan on buying the pup-themed coin after Elon Musk s comments?#ElonMusk#ElonMuskSNL#DOGE#SNL
Still, his comments failed to inspire confidence after a major rally that took Dogecoin prices to an all-time high above 69 cents. DOGE saw a selloff that took it down as much as 30%. Now, the cryptocurrency is currently trading for just over 49 cents.
Enbridge Sees ‘Renewed Interest’ in U.S. Gulf Crude, LNG Exports as Pandemic Fears Fade
Canadian pipeline giant Enbridge Inc. said Friday it was seeing an uptick in interest for crude and liquefied natural gas (LNG) exports from the U.S. Gulf Coast amid an anticipated global economic recovery from the Covid-19 pandemic.
“Our solid regional footprint and premier North American integrated pipeline networks are ideally positioned to capitalize on these opportunities and we continue to advance several export pipeline and crude oil terminal opportunities,” President Al Monaco said in the Calgary firm’s first quarter earnings report.
Enbridge is developing the Cameron Extension Project to transport feed gas to Venture Global LNG Inc.’s under-construction Calcasieu Pass LNG terminal in Louisiana. It also plans to build a feed gas pipeline to the NextDecade Inc.’s proposed Rio Grande export site in South Texas.