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How a deep freeze in the South burned Minnesotan consumers

How a deep freeze in the South burned Minnesotan consumers
Minnesota utilities made a losing bet on natural gas markets, leaving customers on the hook for higher prices.
April 17, 2021 8:00am
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When a deep freeze hit the South in February, the natural gas market essentially failed Minnesotans, leaving them on the hook for an unprecedented $800 million in extra charges.
Under state law, utilities pass down wholesale gas costs, which skyrocketed in February. Many Minnesota consumers will pony up at least 50% more than they pay annually for their heating bills.
Customers of CenterPoint Energy, the state s largest gas utility, will be hit the hardest: $354 for the average residential household. The state s second- and third-largest gas utilities, Xcel Energy and MERC, expect surcharges of $270 and between $225 to $250, respectively. ....

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Spring break travelers face rental car shortage

Spring break travelers face rental car shortage
(FOX 9)
(FOX 9) - As more and more people start traveling again, many of them are encountering an unusual problem. If you re thinking about renting a car, you may want to reconsider.
We’re seeing something that we’ve never seen before, said Jonathan Weinberg, the CEO of AutoSlash.com, a car rental website.
Spring break travelers face rental car shortage
As more and more people start traveling again, many of them are encountering an unusual problem. If you re thinking about renting a car, you may want to reconsider.

Weinberg has worked in the rental car business for more than a decade. He says he is used to an increase in demand during the holiday and summer vacation seasons, but this is the first time he’s seen airports completely wiped out. ....

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