House Committee on Energy Resources - 77th R.S. (2001)
Study the dramatic increase in the price of natural gas during 2001 and the equally dramatic fall in those same prices since January 2001. Determine the reasons for such extreme volatility and evaluate efforts by state regulators to mitigate the impacts of such volatility on consumers.
Examine current interstate and intrastate pipeline statutes and regulations in effect in Texas. Consider special issues involved in conversion of older pipelines intended for transportation of crude oil to use for more volatile products.
Review production methods in the East Texas Oil Field and assess the degree to which they will result in maximum recovery of hydrocarbons from this unique reservoir. Evaluate the scientific basis for current production methods.
Gather information about the security of pipelines, refineries, oil and gas production facilities, and other facilities critical to processing hydrocarbons. Review government regulations and business practices to determine whether legislation is needed to protect life and property and to detect, interdict and respond to acts of terrorism.
Actively monitor the agencies under the committee's oversight jurisdiction.
Ron Lewis (Chair) resigned 11/6/2002. Tommy Merritt (Chair) appointed 11/20/2002.
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