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East Texas is the region where the Deep South meets the Southwest. On its eastern border, it is virtually indistinguishable from neighboring Louisiana: it rises from the Gulf of Mexico in a series of low, shelving beaches, marshes, and bayous, mounting to form thick stands of oak-pine forest along the Sabine River and northward to the Red River, the border with Oklahoma. Along the way, the piney woods are dotted with farms and small cities such as Nacogdoches, Tyler, Lufkin, and Longview.
But the presence that dominates much of East Texas lies in the southern reaches: Houston, largest city by far in Texas and one of the largest in the United States. What began as a small parcel of land on Buffalo Bayou purchased by two New York entrepreneurs has become a world-class metropolis whose importance reaches literally as far as the Moon. Houston is a gigantic, sprawling, barely-contained explosion of a city: a major shipping port, the energy capital of the United States, home to more Fortune 500 companies than any other city but New York, and headquarters of NASA.
To the southeast, on the Gulf itself, is the gracious and much more sedate port of Galveston. Continuing up the coast, the so-called "Golden Triangle" of Beaumont, Port Arthur, and Orange is an important oil producing area: Spindletop in Beaumont was the first major American oil field, and its discovery in 1901 caused a major boom to the area, the state of Texas, and the entire United States.
Latest news for Houston Texas from Houston Business Journal
Texas Wells Fargo, Wachovia branches merge
Jul 29, 2010 8:21 pm
Following its takeover of Wachovia in 2008, Wells Fargo has now completed the merger of the two institutions banking operations in Texas, the bank said Thursday. (WFC)
El Paso Corp., AGL in LNG distribution jv
Jul 29, 2010 7:24 pm
El Paso Corp. and AGL Resources Inc. teamed to form Southeast LNG Distribution Co., which will distribute liquefied natural gas (LNG) across the Southeast to the heavy-duty transportation market. (AGL...
Enbridge Mich. oil spill estimates rise
Jul 29, 2010 6:46 pm
The U.S. Environmental Protection Agency is projecting that the amount of oil that spilled from a pipeline owned by Enbridge Energy Partners could be higher than originally estimated as concerns rise ...
SEC launches probe over Anadarko trades
Jul 29, 2010 5:29 pm
Trading in the shares of Anadarko Petroleum Corp. following the April 20 Deepwater Horizon explosion are now under investigation by the Securities and Exchange Commission, CNBC reported Thursday. (APC...
Houston foreclosures up 34.6% over last year
Jul 29, 2010 5:10 pm
More than half of the 206 U.S. metropolitan areas with a population of 200,000 or more, including Houston, posted year-over-year increases in foreclosure activity -- even while foreclosure activity de...
National Oilwell 2Q tops analysts' estimates
Jul 29, 2010 4:29 pm
National Oilwell Varco Inc.s second-quarter net income jumped 82 percent, but a drop in backlog put a slight dent in revenue. (NOV)
KBR sees 2Q higher earnings despite contract cutback
Jul 29, 2010 4:21 pm
If a reduction in activity on one of KBR Inc.s golden military contracts hit its second-quarter earnings, it was difficult to tell in the overall picture. (KBR)
Jul 29, 2010 4:16 pm
Waste Management Inc. had a busy second quarter, enough to give its earnings a slight boost from last year, but special charges put the company just short of analysts expectations. (WM)
Dallas Fed: Area economy sees moderate gains
Jul 29, 2010 10:01 am
The Federal Reserves 11th district, which includes all of Texas, saw moderate economic growth during the past six weeks, according to the Federal Reserve Bank of Dallas Economic Beige Book.
Jul 28, 2010 8:50 pm
Nabors Industries Inc. said it plans to raise $2 billion from the sale of assets to fund new purchases and pay off debt. (NBR)
News for Houston Texas from HoustonChronicle.com
Spill spurs oil lobbyists to step up fight in D.C.
Jul 30, 2010 5:30 am
Since the Deepwater Horizon drilling rig exploded April 20, oil field services companies that had never hired lobbyists before signed up firms to press their interests, with some sending representativ...
Richard Justice: Oswalt trade right move for Astros
Jul 30, 2010 5:30 am
For the first time in a long time, there's a reason to be optimistic about the Astros. Maybe the people in charge are starting to get it. Maybe they understand the need for a new blueprint, a fresh st...
Cartel violence silences Mexican media
Jul 30, 2010 5:30 am
After years of relative calm, the gangland nightmare is back — and yet, barely a single mention of the clashes has been made by local radio and television stations or newspapers.