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Oil, Gas, And Fracking News Reads: 06March 2021 - Vimarsana News

Oil, Gas, And Fracking News Reads: 06March 2021

Here are some selected news articles from the week ended 06 March 2021. Part 2 is available here. This is a feature at Global Economic Intersection every Monday evening or Tuesday morning. Please share this article - Go to very top of page, right hand side, for social media buttons. Fuel supplies drop most on record as US oil refining collapses, leading to largest ever jump in oil supplies Refinery utilization at an all time low, 10% lower than it's ever been; oil refined is least on record; record jump in oil inventories, record drop in gasoline inventories; distillates production at a 26 y...

Oil and gas interests left to "self-regulate" in aftermath of winter storm as Texas politicians pile on to ERCOT - Vimarsana News

Oil and gas interests left to "self-regulate" in aftermath of winter storm as Texas politicians pile on to ERCOT

Oil and gas interests left to “self-regulate” in aftermath of winter storm as Texas politicians pile on to ERCOT Texas Tribune Tags:  A gas flare burns bright on a production site northeast of Andrews, Texas. From the natural gas wellheads in West Texas to the power plants that burn gas to generate electricity, multiple energy systems failed during the February 2021 storm in Texas that left millions without power for days. Credit: Jerod Foster for The Texas Tribune After being battered by withering criticism of its management of the power grid during last month’s winter storm, ...

Texas oil and gas companies face few consequences after power outages - Vimarsana News

Texas oil and gas companies face few consequences after power outages

Politically powerful natural gas production and transportation companies, along with their regulators, appear to have so far escaped the wrath of the governor and the Legislature in the aftermath of the Texas power outages.

Oil and gas interests left to "self-regulate" in aftermath of winter storm - Vimarsana News

Oil and gas interests left to "self-regulate" in aftermath of winter storm

Oil and gas interests left to "self-regulate" in aftermath of winter storm ERIN DOUGLAS, The Texas Tribune March 5, 2021 FacebookTwitterEmail After being battered by withering criticism of its management of the power grid during last month’s winter storm, the Electric Reliability Council of Texas saw several of its board members resign and fired its CEO. The chair of the Public Utility Commission, which oversees the grid operator, was forced to resign. The political fallout from the long-lasting Texas power outages have hit both entities hard after Gov. Greg Abbott blamed ERCOT’s leaders...