How Texas’s Freeze Knocked Out 40% of U.S. Oil Output
The Arctic blast that knocked out power in 13 U.S. states in mid-February reduced oil production by more than 4 million barrels a day nationwide, according to traders and executives, as wells froze up and gas lines were clogged with ice. The c.....»»
Futures Movers: U.S. oil extends rise above $61 a barrel as Texas deep freeze continues
Oil futures extend a rise as Texas faces a fourth day of blackouts due to a deep freeze that is estimated to have shut in around 40% of U.S. crude output......»»
University of Houston to open new space research center with NASA grant
A few months after Texas’ governor challenged universities to boost their space research output, NASA has selected UH for a new space research center......»»
Texas House passes plan to pay for power plant weatherization after winter storm
The Texas House passed a proposal to subsidize weatherization of power plants, in an effort to prevent an electric grid failure like during February’s deep freeze. According to an analysis by the Electric Reliability Council of Texas, many of the p.....»»
Minnesota gasps at the financial damage it faces from the Texas freeze
In Minnesota, where the temp.....»»
"Going To Get Ugly" - Global Plastic Shortage Triggered By Texas Deep Freeze
"Going To Get Ugly" - Global Plastic Shortage Triggered By Texas Deep Freeze The cold snap that shut down oil fields and refineries across Texas last month has severely impacted several petrochemical plants caused a global shortage of plast.....»»
From houses to cars and bikes, everything is getting more expensive as supply-chain issues cripple the economic reopening
Americans are ready to spend. But companies underestimated demand, US shipping ports are congested, and the Texas freeze sidelined production. Bikes.....»»
Futures Movers: Oil settles lower as traders bet on a fourth-weekly rise in U.S. crude inventories
Oil futures marked a third straight decline on Tuesday, with U.S. benchmark crude trading below later-dated futures, as traders bet that domestic crude supplies climbed for a fourth week in a row in the wake of last month's Texas deep freeze......»»
Futures Movers: Oil prices buoyed by falling fuel inventories
Oil futures trade higher Thursday, with support tied in part to follow through on the previous session's gains that saw a sharp rise in crude inventories offset by a further draw in gasoline supplies as a result of last month's Texas freeze......»»
Texas Faces Wildfire Threat Amid "Extreme Drought" After Historic Deep Freeze
Texas Faces Wildfire Threat Amid "Extreme Drought" After Historic Deep Freeze No, this is not The Onion... Weather-battered Texas can't catch a break. Last month, the Lone Star State experienced a "historic" plunge in temperatures that near.....»»
Why Was Texas So Vulnerable To The Recent Freeze?
Why Was Texas So Vulnerable To The Recent Freeze? Authored by Chris M.....»»
Ten years ago, 241 Texas power plants couldn’t take the cold. Dozens of them failed again this year.
More than 30 Texas power plants failed during a 2011 winter freeze and again in 2021, despite warnings about the need to winterize their equipment......»»
Hazardous excessive emissions spiked during Texas freeze
There was a fivefold increase in excessive emissions events as refineries across the state stalled, including some in South Texas......»»
Harris County Commissioner on who to blame for the Texas power failure, how residents are still digging out from the crisis, and how Houston could break free from the state grid
Adrian Garcia spoke to Insider about what Houston residents are struggling with after the freeze and who s.....»»
"Abbott owned it in 2011. He owns it today": Harris County Commissioner Adrian Garcia wants justice and energy solutions after Texas freeze
Adrian Garcia spoke to Insider about what Houston residents are struggling with after the freeze and who should be hel.....»»
Outside the Box: Texas’ deep freeze sent me back to a time when there was no electricity or running water
Technological progress, with the invention of large-scale utilities, has made life better and more productive. But what, in contrast, have we achieved in the past few years?.....»»
After Record January Surge, US Spending Plummets In February... And It"s Not Just The Texas Freeze
After Record January .....»»
Texas freeze killed winter produce, with some food prices expected to spike
Fruits and vegetables killed by last week’s Texas freeze could mean shortfalls at food banks and price hikes at grocery stores......»»
Trump-appointed federal judge indefinitely blocks the Biden administration"s 100-day deportation freeze
The ruling serves as a win for Texas Attorney General Ken Paxton, a Republican, who filed a lawsuit against the government over the moratorium. A US Customs and Border Protection vehicle p.....»»
Futures Movers: Oil ends mixed as traders eye Texas output recovery and next week’s OPEC+ meetings
Oil futures end mixed Tuesday, with U.S. prices down a few penn.....»»
Futures Movers: Oil mixed as traders eye Texas output recovery and next week’s OPEC+ meetings
Oil futures trade on a mixed note Tuesday as traders eye the pace of recovery in Texas energy output in the wake of last week's winter storms and speculation surrounding a decision on production by major oil producers next week......»»