by Beverly Barney | Feb 24, 2021 | Business
Texas has refused to join interstate electrical grids and railed against energy regulation. Now it’s having to answer to millions of residents who were left without power in last week’s snowstorm. HOUSTON — Across the plains of West Texas, the pump jacks that resemble...
by Harold Obrien | Feb 23, 2021 | Business
Electricity and gas provider Just Energy warned that the financial impact of the Texas winter storms could force it out of business. Just Energy said Monday that it could lose about $250 million from Texas’ deep freeze that left millions without power last week. The...
by Josephine Stubblefield | Feb 23, 2021 | Business
People in 77 Texas counties can now apply for disaster relief with FEMA. Here is how they can help, and how you can get started. TEXAS, USA — Texans affected by last week’s freezing weather can now get help from FEMA after President Joe Biden signed a disaster...
by Beverly Barney | Feb 23, 2021 | Business
The state’s energy grid, operated by the Electric Reliability Council of Texas, is operating at full capacity again, Abbott said, but 30,000 Texans are still without power due to local issues. UPDATED at 6:37 p.m.: Updated with more details about orders issued by the...
by Josephine Stubblefield | Feb 22, 2021 | Lifestyle
Texans face a cascade of frustrations and expenses as the state tries to recover from the storm. Insurance companies are bracing for claims rivaling those after major hurricanes, and homeowners are trying to find plumbers and electricians. Winter Storm 2021 As Texas...
by Josephine Stubblefield | Feb 22, 2021 | Business
(Reuters) – Bumble Inc Chief Executive Officer Whitney Wolfe Herd’s stake in the women-centric dating app operator was worth nearly $2 billion, as shares rallied for a second straight day after a blockbuster debut on Thursday. Bumble, backed by Blackstone...
by Beverly Barney | Feb 22, 2021 | Business
As record-breaking cold swept across Texas this week, millions of people were left shivering in the dark as the state’s power grid failed to meet the surging demand for electricity, crippled by temperatures in the single digits. So why does the power continue to work...
by Harold Obrien | Feb 21, 2021 | Business
Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. Texas gas exports Prud’homme was central to the...
by Josephine Stubblefield | Feb 21, 2021 | Business
From the pariah of industries last year, energy has become a Wall Street darling once again. In the year to date, energy has gained 17 percent on the S&P 500. Thanks to a rally in oil prices and expectations of an economic recovery from the pandemic, it is the...
by Beverly Barney | Feb 20, 2021 | Lifestyle
We learned of and posted about how some 2021 Ford F-150 PowerBoost hybrid owners in Texas are using their generator-equipped trucks to power vital parts of their homes yesterday. Now, Automotive News has uncovered a much larger push from Ford itself to aid those...