Houston Chronicle is a good keyhole to peer into the heart of America’s energy industry.
BIG SPRING, Texas — Driving through the Permian Basin while on vacation, I couldn’t help but notice an industrial landscape that presages the future of the oil and gas industry.
New drilling rigs were far and few between, while most of the pumpjacks were idle, their horsehead noses no longer dipping down to pull crude from the ground. Towering above them, stretching into the distance, wind turbines spun by the hundreds, generating electricity for Texas’ big cities.
Then I stopped in Lamesa, where Southern Power maintains 410,000 photovoltaic cells generating enough power for 26,000 homes. That’s when it struck me, Texas’s premier oilfield may have a lot of oil, but it has limitless wind and sunlight. Where would you place your bet?
Young people see the writing on the wall, choosing to turn…
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