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AG Paxton Expands Winter Storm Investigation into Natural Gas Price Increases – NBC 5 Dallas-Fort Worth


Paxton issues Civil Investigative Demands to 12 companies seeking additional information
Published March 9, 2021 •
Updated on March 9, 2021 at 7:31 am
NBC 5 News
Texas Attorney General Ken has issued a Civil Investigative Demand to Intercontinental Gas Exchange, a natural gas exchange that saw massive price increases during the February winter storm that swept through Texas.  
As we learn more about what drove pricing spikes during the recent winter storm disaster, I am expanding the scope of my investigation to include the natural gas industry as well as electricity providers, Paxton said.
Download our NBC DFW mobile app for Apple or Android to get alerts for local breaking news and weather. ....

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Some thoughts from a survivor of the Texas winter storm crisis


Some thoughts from a survivor of the Texas winter storm crisis
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Karen TownsendPosted at 2:31 pm on February 20, 2021
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The temperatures in Texas are on the rise and that’s an excellent thing. It’s been a very tough week in the Lone Star State, harrowing, really, and the fall-out from the winter storm isn’t over. It’s really only just beginning.
There is plenty of blame to go around and lots of finger-pointing, as always happens in a crisis situation. Was the power outage caused by the state’s renewable energy sources? The traditional energy sources of natural gas, coal, and nuclear energy? It’s all of those sources. Everything failed at the same time. The very rare extreme winter storm caught Texas unable to keep up with energy demands. Factors of the mass failure include frozen wind turbines, limited gas supplies, low gas pressure, and frozen instrumentation. 185 generating units have tripped o ....

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Texas Launches Probe of Power Companies After Blackouts


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Texas Launches Probe of Power Companies After Blackouts
The fallout from the severe weather that crippled the power grid in Texas and other states over the past week continues, as officials grapple with what went wrong and who should be held accountable for an energy emergency that left millions without electricity.
Texas Attorney General Ken Paxton on Feb. 19 said his office would investigate the Electric Reliability Council of Texas (ERCOT), the state’s power grid operator, and issued Civil Investigative Demands (CIDs) to ERCOT and other power companies as part of that investigation. Texas Lt. Gov. Dan Patrick also said ERCOT’s actions would be investigated, and said the state Senate would begin a probe into the system operator in the next week. ....

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