Mexican venture capital is hovering over distressed energy companies in the Permian Basin of Texas, the nation’s highest-producing oilfield.
Those companies – including oil and gas drillers, and service companies – crafted budgets when the price of crude oil was 100 dollars per barrel. It’s now in the 50s. And those companies need capital that U.S. banks are sometimes reluctant to give in an oil downturn.
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Is a policy analyst consultant for TCAP, a coalition of political subdivisions in Texas that purchase electricity in the deregulated market for their own governmental use. Because energy costs are typically a significant budget item to our members, TCAP is consistently looking for ways to save our members money, through cost-saving contracts, energy efficiency or demand response programs.