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The natural gas industry reaped a windfall profit of $11 billion during the crisis. [22] Texas gas utilities were permitted by the Railroad Commission to issue bonds to cover what they paid to suppliers, to be paid off by customers. Municipal gas companies have also added surcharges to bills. [22]
The economy of Houston is based primarily on the energy industry, particularly oil.However, health care, biomedical research, and aerospace also constitute large sectors. In 2021, the gross domestic product (GDP) of the Houston–The Woodlands–Sugar Land metropolitan statistical area (MSA) was 537 U.S. dollars billion, the fourth-largest of any metro area in the United States. [1]
CenterPoint Energy, Inc. is an American utility company based in Houston, Texas, that provides electric and natural gas utility to customers in several markets in the American states of Indiana, Ohio, Louisiana, Minnesota, Mississippi, and Texas.
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The Edward A. Thomas Building, [2] or 1200 Travis, is a 28-story building in Downtown Houston, Texas that is currently occupied by the Houston Police Department as its current headquarters. At one time it was known as the Houston Natural Gas Building. [3] The building houses HPD's administrative and investigative offices. [4]
After a series of storms and tornadoes hit Houston in late May, more than 900,000 people lost power for several days. Yet, one resident, Craig Wolcott, received messages from Smart Meter Texas ...
The reduced role of oil and gas in Houston's GAP reflects the rapid growth of other sectors—such as engineering services, health services, retail, and manufacturing. [50] [51] The area's economic activity is centered in the city of Houston, the county seat of Harris County. Houston is second to New York City in Fortune 500 headquarters.
The City of Houston Parks and Recreation Department was created by a city ordinance on March 15, 1916. When it was created it had two parks, Hermann Park and Sam Houston Park. As of 2010 the department maintains about 350 developed parks and 200 esplanades and greenspaces inside and outside of the City of Houston. [48] [49]