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Oil, Gas, And Fracking News Read 23May 2021

Three Disasters Show Gaps in Infrastructure Plan

How much will it cost to winterize the Texas power grid?

Weatherizing the Texas power grid: How much will it cost? Here s a breakdown estimating how much it will cost to weatherize the state s different power sources. The main takeaway? The cost of not weatherizing is greater. Author: Andrew Moore Updated: 9:25 PM CDT May 24, 2021 TEXAS, USA Weatherization will not be cheap for Texas energy providers. So when the CEO of Vistra Corporation, Curt Morgan, said weatherization was a critical objective for the legislature this session, it s a good indicator of what s at stake in the state.  We created a situation where people are worrying about whether they will get electricity or not. That should have never happened. I am committed to tell the truth, to layout the facts of what happened, and to push measures to make sure that this never happens again, Morgan told WFAA. 

Colonial ransomware hack spurs first-ever cybersecurity regulations for pipeline industry

DHS to issue new pipeline security regulations after Colonial attack -- FCW

By Justin Katz   The Department of Homeland Security is preparing to issue new regulations for pipeline security following the ransomware attack that disrupted Colonial Pipeline s operations for more than a week earlier this month. The Biden Administration is taking further action to better secure our nation s critical infrastructure. TSA, in close collaboration with CISA, is coordinating with companies in the pipeline sector to ensure they are taking all necessary steps to increase their resilience to cyber threats and secure their systems. We will release additional details in the days ahead, a DHS spokesperson told FCW on Tuesday. The Washington Post first reported the agency would issue security directives as early as this week which would require pipeline companies report cyber incidents to federal authorities. Although Colonial Pipeline worked with the FBI following Darkside s ransomware attack, lawmakers have taken issue with the  company s level of engagement with the

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