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US storm lashes infrastructure [NGW Magazine]


US storm lashes infrastructure [NGW Magazine]
Mar 2, 2021 2:30:pm
Summary
The winter storm that hit much of the US in mid-February had a severe and wide-ranging impact, including on the natural gas industry, and in Texas in particular. [NGW Magazine Volume 6, Issue 5]
by: Anna Kachkova
Posted in:
US storm lashes infrastructure [NGW Magazine]
Extreme winter weather in the US caused serious and wide-ranging disruption in mid-February. Nowhere was this more apparent than in Texas, for a variety of reasons including the fact that much of the state’s infrastructure is not designed to withstand below-freezing temperatures. The impact on oil and gas operations was profound, with Texas’ dependence on natural gas for power generation further exposing the vulnerabilities in the state’s energy system. ....

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US Spot Gas Tops $600 as Cold Spreads


US Spot Gas Tops $600 as Cold Spreads
Feb 15, 2021 4:45:pm
Summary
by: Dale Lunan
Posted in:
US Spot Gas Tops $600 as Cold Spreads
Spot gas prices in parts of the US soared as high as US$600/mn Btu over the past weekend, RBN Energy said in a February 15 blog, as the spread of a polar vortex across much of North America pushed natural gas and electricity demand to record highs.
As the vortex, dubbed Winter Storm Uri, spread across large swaths of the Lower-48, temperatures plunged as low as -40 ºC and gas schedulers at utilities and end-use facilities across the Midwest scrambled to find supplies to meet expected demand over the Presidents’ Day long weekend. ....

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