U.S. Sen. Ted Cruz (R-Texas) today addressed members and guests at the Houston Petroleum Club. He spoke about the importance of energy production to the Texas economy, and energy independence for the United States. In his remarks, Sen. Cruz said:“I'm gonna make a crazy prediction: we haven't seen our last boom and bust in the energy world. And it's not for the faint of heart.
Xinhua world news summary at 0030 GMT, May 12
Xinhua
12 May 2021, 10:44 GMT+10
HOUSTON Petroleum distribution terminals in the U.S. east coast will rely on inventories and alternative supplies until a main fuel pipeline resumes operation, the U.S. Energy Information Administration (EIA) said on Tuesday. According to EIA, pipeline shipments move at approximately five miles per hour, so some markets may need to rely on inventories for several days after the Colonial Pipeline Company service is restored. (US-Pipeline) - - - - UNITED NATIONS A Chinese envoy on Tuesday called for efforts to stabilize Iraq and ensure peaceful elections.