While analysts consider Devon Energy Corp.’s planned acquisition of PennzEnergy Co. a smart move, PennzEnergy investors are smarting over what they consider too low a price.
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Poll: Texans Favor Cheap Gas Over Sun, Wind
A statewide poll of voting Texans suggests consumers favor gasover costlier non-conventional energy technologies such as solarand wind. Responding to the ninth annual Texas Interested Citizens(TIC) Statewide Poll, conducted in late September, more than halfthe respondents, 56% said they would not be willing to pay more forelectricity produced by solar and wind power.
October 12, 1998
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