Regulate Texas gas pipelines

Bloomberg News investigation reveals de facto monopolies.

A Bloomberg News investigation published Dec. 5 reveals a significant weakness in the Texas energy market. The Legislature should fix it in 2025. Meanwhile, Texans will have to rely on wishing and hoping that two more winters don’t produce price gouging.

Bloomberg’s reporting revealed how intrastate natural gas pipeline companies operate de facto monopolies without market or regulatory limits on their fees, which eventually trickle down to customer electricity bills.