The Texas Tribune » High-speed rail developers have been eyeing a 240-mile stretch of mostly rural land sandwiched between the urban hubs of Dallas and Houston for years. Their goal: buy it up and build America’s first bullet train. But several rural landowners don’t plan on giving up their private property without a fight. And their supporters in the Legislature have filed so many bills that could disrupt Texas Central Partners LLC’s plans that there’s an entire subcommittee tackling the ongoing battle over the multibillion dollar project.
Beaumont Enterprise » Houston-based Phillips 66 Co. says a new pipeline from West Texas to the Gulf Coast will cost $2 billion to build. In its second quarter 2018 earnings report Phillips 66 Co. said the system will have a capacity of 800,000 barrels of crude oil, connecting two oil fields with the Texas coast.