Something I've Never Seen Wind/Solar Do For Their Communities -- November 19, 2018

In eleven years of blogging about the energy industry, I have never seen a renewable energy company (solar/wind) give this kind of support to the community. Solar/wind relies on grants, credits, mandates, in exchange for higher electricity prices.

From Reuters: US shale firms offer $100 million to aid Texas, New Mexico in infrastructure.

More than a dozen top U.S. energy companies have pledged $100 million toward easing stresses on health care, education and civic infrastructure from the shale oil and gas boom in West Texas and New Mexico.

Chevron, EOG Resources, Exxon Mobil and Royal Dutch Shell are among 17 companies backing the Permian Strategic Partnership, as the consortium is called.

The group seeks to address labor and housing shortages, overtaxed health care and traffic congestion caused in part by companies descending on the Permian Basin, the nation’s largest oilfield, where they hope to pump billions of dollars’ worth of oil and gas in coming decades.