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Texas Bans Gas Exports, 1.6 Million Get Power: Energy Update

Texas Airlifts Water With Ice Covering Roads: Energy Update
Bloomberg
2/20/2021
Joe Carroll, David Wethe and Josh Saul
© Bloomberg
A snow covered road near the Texas State Capitol Building in Austin, Texas, U.S., on Wednesday, Feb. 17, 2021.
(Bloomberg) The Texas power grid has returned to normal operations as a historic cold blast eases, but the impact of the deep freeze is still leaving towns without water, homes yet to be reconnected to electricity supplies and highways chocked with ice and snow.
Texas emergency officials are airlifting pallets of bottled water to cities and towns where water supplies were knocked out or disrupted by this week’s widespread power failures. About 1,000 of the state’s 7,000 local water utilities were offline or unable to ensure supplies were fit for human consumption as of Friday afternoon. More than 140,000 homes and businesses were still in the dark. ....

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Texas Bans Gas Exports, Cheniere Cuts Consumption: Energy Update

Texas Airlifts Water With Ice Covering Roads: Energy Update
Bloomberg
2/20/2021
Joe Carroll, David Wethe and Josh Saul
© Bloomberg
A snow covered road near the Texas State Capitol Building in Austin, Texas, U.S., on Wednesday, Feb. 17, 2021.
(Bloomberg) The Texas power grid has returned to normal operations as a historic cold blast eases, but the impact of the deep freeze is still leaving towns without water, homes yet to be reconnected to electricity supplies and highways chocked with ice and snow.
Texas emergency officials are airlifting pallets of bottled water to cities and towns where water supplies were knocked out or disrupted by this week’s widespread power failures. About 1,000 of the state’s 7,000 local water utilities were offline or unable to ensure supplies were fit for human consumption as of Friday afternoon. More than 140,000 homes and businesses were still in the dark. ....

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Texas Credits Solar With Fast Power Restoration: Energy Update

Texas Airlifts Water With Ice Covering Roads: Energy Update
Bloomberg
2/20/2021
Joe Carroll, David Wethe and Josh Saul
© Bloomberg
A snow covered road near the Texas State Capitol Building in Austin, Texas, U.S., on Wednesday, Feb. 17, 2021.
(Bloomberg) The Texas power grid has returned to normal operations as a historic cold blast eases, but the impact of the deep freeze is still leaving towns without water, homes yet to be reconnected to electricity supplies and highways chocked with ice and snow.
Texas emergency officials are airlifting pallets of bottled water to cities and towns where water supplies were knocked out or disrupted by this week’s widespread power failures. About 1,000 of the state’s 7,000 local water utilities were offline or unable to ensure supplies were fit for human consumption as of Friday afternoon. More than 140,000 homes and businesses were still in the dark. ....

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Oil Dips Ahead of Supply Data While Cold Blast Roils U.S. Output

Oil Slides With U.S. Refinery Outages Boding Poorly for Demand
Bloomberg
2/18/2021
Andres Guerra Luz
(Bloomberg) Oil fell the most in nearly a month alongside a broader market selloff with the ongoing energy crisis in the U.S. likely keeping refineries shut for another week.
Popular Searches
Futures in New York declined 1% in a choppy trading session on Thursday. While U.S. oil output has plunged nearly 40% amid the unprecedented cold blast in parts of the country, crude demand from refineries is expected to remain weak as Gulf Coast fuel-making plants make repairs and take time to restart following operating issues caused by the freezing temperatures. Further pressuring prices, U.S. equities weakened after initial jobless claims hit a four-week high. ....

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Oil Briefly Tops $65 in London Amid Shockwaves From U.S. Freeze

Oil Slides With U.S. Refinery Outages Boding Poorly for Demand
Bloomberg
2/18/2021
Andres Guerra Luz
(Bloomberg) Oil fell the most in nearly a month alongside a broader market selloff with the ongoing energy crisis in the U.S. likely keeping refineries shut for another week.
Popular Searches
Futures in New York declined 1% in a choppy trading session on Thursday. While U.S. oil output has plunged nearly 40% amid the unprecedented cold blast in parts of the country, crude demand from refineries is expected to remain weak as Gulf Coast fuel-making plants make repairs and take time to restart following operating issues caused by the freezing temperatures. Further pressuring prices, U.S. equities weakened after initial jobless claims hit a four-week high. ....

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