Page 2 - Bloomberg Cmd News Today

(Bloomberg) -- Southwest Airlines Co.’s shortage of workers overlapped with storms and...

How wind and solar got the best of the pandemic Nathaniel Bullard, Bloomberg FacebookTwitterEmail Renewables were the only energy source to grow last year.Spencer Platt, Staff / Getty Images Global recessions, wars, and (yes) pandemics have a way of driving down energy demand. Last year, the International Energy Agency said the collapse in global primary energy demand brought on by Covid-19 was the biggest drop since the end of World War II, itself the biggest drop since the influenza pandemic...

Deep-freeze issues still lingering FacebookTwitterEmail FILE -- Steam and fog rise from the Total refinery in Port Arthur, Texas on Dec. 21, 2020.Brandon Thibodeaux/NYT (Bloomberg) -- Texas’s refining complex is mostly back from last month’s crippling cold blast, but lingering freeze-related issues continue to plague a number of production units. More than six weeks after the Arctic storm took down at least 18 of the state’s 30 refineries, and almost 5 million barrels a day of crude-proce...

For climate Progressives, Bidens $2.25 trillion isnt enough Leslie Kaufman and Brian Eckhouse, Bloomberg April 1, 2021 FacebookTwitterEmail President Joe Biden delivers a speech on infrastructure spending at Carpenters Pittsburgh Training Center, Wednesday, March 31, 2021, in Pittsburgh.Evan Vucci/AP (Bloomberg) -- As a candidate, Joe Biden garnered nearly unanimous support from environmentalists, progressives, and clean energy advocates for his promise to reconfigure the U.S. economy for the ...

Texas power firm Brazos Electric hit with $2.1 billion bill after freeze, files for bankruptcy Jeremy Hill, Eduard Gismatullin and Rachel Morison, Bloomberg March 1, 2021 FacebookTwitterEmail FILE - This Tuesday, Feb. 16, 2021, file photo shows power lines in Houston.David J. Phillip/Associated Press The largest power generation and transmission cooperative in Texas filed for bankruptcy in the wake of power outages that caused an energy crisis during the winter freeze last month. Brazos Electr...

Cheniere to provide LNG cargo emissions data Christine Buurma, Bloomberg FacebookTwitterEmail Cheniere Energys Sabine Pass export terminal in LouisianaLindsey Janies, stf / Washington Post Cheniere Energy Inc. has become the latest big supplier of liquefied natural gas to say it will provide customers with emissions data as concern grows over the fuel’s contributions to climate change. The data will quantify the estimated greenhouse gas emissions from wellhead to delivery point for LNG cargo...

Oil rally could extend into summer Elizabeth Low and Alex Longley, Bloomberg Feb. 24, 2021 FacebookTwitterEmail The effects of the winter storm in Texas may be seen on crude stockpiles when government data is released Wednesday.David Paul Morris / Bloomberg Oil climbed again, with mixed news on global inventories offset by expectations of a prolonged market rally into the summer. Futures in New York climbed as much as 1.4%, wiping out an earlier loss. The American Petroleum Institute reported ...

Texas refiners rush to fix leaks, broken pipes after storm Barbara Powell, Bloomberg FacebookTwitterEmail The brutal winter storm knocked out operations at many refineries along the Gulf Coast.Eddie Seal/Bloomberg Refineries in Texas are finding a return to normal after last week’s Arctic blast and widespread power outages is a messy, stop-and-start process. At least eight of them were trying to restart as of early Tuesday, with varying degrees of success. Some lacked all the power and water...

Houston man hit with $2,700 power bill after snowstorm Yueqi Yang and Naureen S. Malik, Bloomberg Feb. 22, 2021 FacebookTwitterEmail HOUSTON, TEXAS - FEBRUARY 21: The U.S. and Texas flags fly in front of high voltage transmission towers on February 21, 2021 in Houston, Texas.Justin Sullivan/Getty Images (Bloomberg) -- After enduring a wretched week of Arctic storms, hunger and cold, several Texans lucky enough to have power were handed another pain point -- massive electricity bills. Houston r...

Oils gains evaporate as wells restart Sharon Cho and Alex Longley, Bloomberg Feb. 19, 2021 FacebookTwitterEmail Idle oil rigs in Texas are expected to soon see action in Texas as the price of crude rises to near $60.Matthew Busch/Bloomberg Oil fell for a second day as production slowly restarted in Texas and the White House said it would be willing to meet with Iran, potentially paving the way for more crude exports from the Persian Gulf nation. Futures in New York dropped toward $59 a barrel....