Business

Trump acts to keep large meat processors open

6 years ago By News Staff

This week, President Donald J. Trump is enacting the Defense Production Act to ensure that Americans have a reliable supply of products like beef, pork, and poultry. The presidentsigned an executive order providing the authority to ensure the continued supply of beef, pork, and poultry to the American people. Under the order, the Department of Agriculture is directed to ensure America’s meat and poultry processors continue operations uninterrupted to the maximum extent possible.

Texas oil regulators to vote on cutting oil production

6 years ago By Mitchell Ferman In The Texas Tribune

Texas oil regulators will decide at a public meeting on Tuesday whether to cut oil production, as plummeting global demand has already impacted the oil and gas sector in Texas.

Texas oil regulators take no action on production

6 years ago By Mitchell Ferman In The Texas Tribune

The morning after oil prices crashed into negative territory, Texas oil regulators on Tuesday decided against taking action to impose limits on oil producers, instead creating a “task force” to gather more information on oil-production cuts as the coronavirus has kept much of the world at home, crushing global demand.

Hemphill County Airport to receive $20K in COVID-19 relief

6 years ago By News Staff

WASHINGTON—Hemphill County Airport was awarded a federal grant of $20,000 as relief following the economic distress caused by the outbreak of the novel coronavirus, U.S. Sen. John Cornyn announced this week.

USDA reports record enrollment in key farm safety-net programs

6 years ago By News Staff

WASHINGTON—Producers signed a record 1.77 million contracts for the USDA’s Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs for the 2019 crop year, which is more than 107 percent of the total contracts signed compared with a five-year average. USDA also reminds producers that June 30 is the deadline to enroll in ARC and PLC for the 2020 crop year.

Texas’ oil and gas regulators not ready yet to cut production

6 years ago By Mitchell Ferman In The Texas Tribune

Facing a steep drop in oil demand with much of the world staying home to practice social distancing, more than 55 energy executives, analysts, and critics appeared one after another Tuesday at a video meeting of the Texas agency that regulates the oil and gas industry to weigh in on a request that the state’s oil production be cut.

COVID-19 impact assistance is available for small-business owners

6 years ago By News Staff

Due to the outbreak of COVID-19 and its impact on small-business owners, the staff at America’s SBDC at West Texas A&M University are putting in extra work to help small-business owners in the Texas Panhandle continue operations. Small Business Development Centers

COVID-19 impact reflected in April sales taxes

6 years ago By News Staff

AUSTIN—Texas Comptroller Glenn Hegar announced today he will send cities, counties, transit systems, and special-purpose taxing districts $701.8 million in local sales tax allocations for April, 0.5 percent less than in April 2019. These allocations are based on sales made in February by businesses that report tax monthly.

As oil price crisis grips the globe, small Texas producers feel the ripple effects

6 years ago By Mitchell Ferman In The Texas Tribune

For decades in the tiny Texas Panhandle town of Perryton, John Bozeman has bought oil and gas wells from companies and says he operated them for a lower cost and with better efficiency.

Is ‘managed depletion’ a terminal diagnosis for Ogallala Aquifer?

6 years ago By Jim Steiert For The Ogallala Commons Blog

A terminal diagnosis awaits the High Plains in seeing “managed depletion” as the only future for the Ogallala Aquifer. A threeperson panel of Texas Panhandle residents took a much broader view of the region’s water future at the recent Southern Plains Conference last month in Canyon.

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