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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.....»»

Category: topSource: washpostFeb 18th, 2021

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......»»

Category: topSource: marketwatchFeb 18th, 2021

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......»»

Category: topSource: bizjournalsMay 15th, 2024

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.....»»

Category: topSource: bizjournalsMay 5th, 2021

Minnesota gasps at the financial damage it faces from the Texas freeze

In Minnesota, where the temp.....»»

Category: topSource: washpostApr 22nd, 2021

"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.....»»

Category: personnelSource: nytMar 23rd, 2021

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.....»»

Category: smallbizSource: nytMar 20th, 2021

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......»»

Category: topSource: marketwatchMar 16th, 2021

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......»»

Category: topSource: marketwatchMar 11th, 2021

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.....»»

Category: personnelSource: nytMar 10th, 2021

Why Was Texas So Vulnerable To The Recent Freeze?

Why Was Texas So Vulnerable To The Recent Freeze? Authored by Chris M.....»»

Category: dealsSource: nytMar 7th, 2021

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......»»

Category: topSource: washpostMar 6th, 2021

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......»»

Category: topSource: bizjournalsMar 5th, 2021

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.....»»

Category: topSource: businessinsiderMar 4th, 2021

"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.....»»

Category: topSource: businessinsiderMar 4th, 2021

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?.....»»

Category: topSource: marketwatchMar 2nd, 2021

After Record January Surge, US Spending Plummets In February... And It"s Not Just The Texas Freeze

After Record January .....»»

Category: smallbizSource: nytMar 1st, 2021

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......»»

Category: topSource: washpostFeb 26th, 2021

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.....»»

Category: personnelSource: nytFeb 24th, 2021

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.....»»

Category: topSource: marketwatchFeb 23rd, 2021

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......»»

Category: topSource: marketwatchFeb 23rd, 2021