At this antique business, which has stood the test of time—and even picked up steam during the pandemic—the aisles are lined with an array of wares, from rustic farmhouse items to new furniture for purchase from model homes. For nearly 30 years, The Antique Gallery of Lewisville has been operating...
Business
Texas company behind huge electricity bills seeks bankruptcy
The company that drew attention after sending huge electricity bills to customers after last month’s blackout-causing winter storm in Texas has filed for bankruptcy protection. Griddy Energy sold power to consumers at wholesale prices plus a $9.99 monthly fee. Its rates skyrocketed during the...
U.S. Braces For Expensive Gasoline This Summer
The United States could be on the cusp of a surge in gasoline prices with the price in some U.S. states rising to as much as $4 per gallon, according to AAA. As crude oil prices have shot up in recent weeks, Americans are already paying 14% more for a gallon of gasoline than they were in February,...
Why Gasoline Prices Will Continue To Rise
This past week the national average price for regular gasoline rose to $2.71 per gallon. That marks an increase of $0.46/gallon since the beginning of the year. On a daily basis I see accusations on social media that this price rise is a consequence of Joe Biden winning the presidential election....
Lewisville’s London Baker to open second luxury cake shop at The Realm at Castle Hills
The London Baker is expected to open its second location later this year at The Realm at Castle Hills, located at 4440 State Highway 121, Ste. 60, Lewisville. An opening timeline was not available, but in state construction filings, the business said the effort to finish out the interior could...
Texas wildlife ranch cancels group hunting after losing more than 2,000 Axis deer in deep freeze
The snowstorm heavily impacted the wildlife at a Texas ranch in Sonora, about 170 miles northwest of San Antonio. Texas Canyon Ranch lost more than 2,000 of its 4,000 Axis deer population and about 60 percent of its Black Buck antelope population, according to a release from the ranch. The ranch...
WoodMac’s Dramatic Plan For A 600% Carbon Tax
Last week, several Big Oil companies executives met at CERAWeek by IHS Markit energy conference to discuss, among other things, Strategies for the Energy Transition, Climate & ESG. An overriding theme that emerged from the symposium is that Big Oil considers carbon capture technology as being...
Texas power grid operator overcharged companies $16B during winter freeze
The Electric Reliability Council of Texas made a massive error that resulted in $16 billion in overcharges last month when millions of residents were left without power after a historic winter storm, according to a watchdog that oversees the power grid operator. ERCOT set the maximum price of...
Oil crosses $65 milestone, marking stunning recovery from historic bust
Oil crosses $65 milestone, marking stunning recovery from historic bust Oil prices closed above $65 a barrel for the first time in nearly two years, marking a surprising milestone in the industry’s recovery from the worst oil crash in a generation. West Texas Intermediate, the U.S. crude...
Lessons From The Storm
The February winter storm brought ice, snow, freezing temperatures and a lot of hardship for the residents of Texas. As a long-time Austinite, I experienced firsthand the power and water failures. Many of our fellow Texans, sadly, fared much worse than my family did. Though things are starting to...
Is This The World’s Next Big Offshore Oil Region?
The COVID-19 pandemic, 2020 crude oil price crash and ongoing global petroleum supply glut have done little to slow the growth of South America’s massive offshore oil boom. The colossal oil boom underway in the tiny South American nation of Guyana is gaining momentum, while Suriname is on the cusp...
Samsung eyes four locations for $17 billion chip factory
Samsung is looking at four sites in three different US states where it could build a $17 billion computer chip plant, records show. The South Korean tech giant is considering two locations in Arizona and one in New York in addition to a site in Austin, Texas, where it’s seeking nearly $1.5 billion...