economy

State of Texas

On Friday Speaker of the House Joe Straus announced the creation of the Select Committee of Economic Development Incentives, which will examine if the state’s business incentives are really driving companies to move to Texas and if the programs are still worth their weight.

In a statement, Straus wrote:

David Martin Davies / TPR News

Fronteras: In what would be a historic move, Mexico may open up its energy industry to private domestic and foreign investors. How Texas is preparing to get ahead of a proposed overhaul of Mexico’s energy industry. U.S. and Mexico authorities released water into the Colorado River Delta this spring to try to jump-start habitat restoration. We check in to see how that experiment is going.

Texas Eyeing Mexico Energy Industry Overhaul

UTSA Institute for Economic Development

A new study by UTSA’s Institute for Economic Development shows a rapidly-rising economy is in store for the West Texas oil and gas play.

The largest oil production in Texas has always been in the Permian Basin, but with new hydraulic fracking technologies, more of the shale plays around the state are starting to get a piece of the pie. 

Landmark reforms that could lead to a deregulation of the Mexico oil industry has a Texas state lawmaker wanting to explore how the state could benefit.  

Early this year Mexico passed one set of reforms in regard to the country’s oil exploration and now the state-run oil company PEMEX is seeking investors and private companies with the skill to help extract one of the biggest oil reserves in the world.   

Eileen Pace / TPR News

Experts say a new bi-national agreement just signed in San Antonio has the potential to solve issues on several fronts: from immigration to water supply.

San Antonio was chosen for the signing of the Mexico-U.S. Entrepreneurship and Innovation Council (MUSEIC) agreement because of its bi-cultural assets that can assist business growth between the two countries.

The purpose of the MUSEIC is to establish a unified North American entrepreneurial pathway to promote competitiveness, trade and innovation.

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