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 giant bobbing hammers define...
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 hit “could be materially...
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 declaration for the state. Here is a...
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 Texas Public Utilities...
(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 Group Inc, was valued at $15.69 billion on...
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 in places like Wisconsin,...
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 development of Cenagas, the nation’s...
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 S&P 500's best-performing...
DENTON, Texas – Normally the taps at Denton County Brewing Co. run gold and amber with craft beer. But this week beer is, unfortunately, not the luxury item Austin Ford and his community are looking for – it’s water. “A pipe burst in our apartment complex. We haven’t had water for two days now,”...
Amid a week of record-breaking frigid temperatures in the southern part of the United States, more than four million Texans are struggling to keep warm during widespread rolling blackouts. Republicans are trying to place blame on the weakness and unreliability of what are now frozen wind turbines...
The winter storms gripping much of the United States have devastated many families and businesses, with frigid temperatures and power outages causing particularly dire conditions in Texas. But for oil and gas producers that have managed to keep production going, this is proving to be a big payday....
Frozen wind turbines and useless solar panels are bringing down the Texas power grid The energy crisis in Texas, highlighted by a snowstorm and frigid temperatures, should be a warning and a wake-up all to every American. Rolling blackouts or people sleeping in their cars to stay warm is something...