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“Energy Emergency” – Texas Power Provider Warns Of Rotating Outages As Cold Weather Tests Limits Of Grid
“Energy Emergency” – Texas Power Provider Warns Of Rotating Outages As Cold Weather Tests Limits Of Grid With the situation in Texas doing from bad to worse: Weather forecast models suggest the polar vortex will continue pouring Arctic air into much of the central US through Feb. 20. This means nat gas prices could rise even higher […]
Dramatic Photos: Desperate For Provisions, Thousands Of Cars Line Up At Texas Food Bank
Dramatic Photos: Desperate For Provisions, Thousands Of Cars Line Up At Texas Food Bank Dramatic images released this week show thousands of cars stretching for miles, lining up for provisions at a Texas food bank as the state continues to deal with the effects of its coronavirus outbreak. At a food drive held in Dallas […]
As Trump Leaves Permian Oilfield, Industry Insiders Question If 2020 Bust Marks Texas Oil’s Last Big Boom
As Trump Leaves Permian Oilfield, Industry Insiders Question If 2020 Bust Marks Texas Oil’s Last Big Boom Yesterday, President Trump left Midland, Texas, after arriving in the state’s Permian oilfield region for a $2,800 a plate luncheon and a “roundtable” that required each participant to pony up $100,000. The west Texas Mr. Trump left behind bears little resemblance […]
‘Catastrophic Flooding Expected’ – Hanna Hammers Virus-Infected South Texas
‘Catastrophic Flooding Expected’ – Hanna Hammers Virus-Infected South Texas Tropical storm conditions are expected for South Texas and northeastern Mexico on Sunday after Hurricane Hanna roared ashore on Saturday as a Category 1 storm. Hanna was the first hurricane of the 2020 Atlantic hurricane season and came ashore on Saturday afternoon around Port Mansfield, Texas, with maximum sustained winds of 90mph. The National […]
Daily on Energy: Texas debates mandating oil production cuts
Daily on Energy: Texas debates mandating oil production cuts TEXAS DEBATES PRODUCTION CUTS: Texas can lead in producing a “real” U.S. oil production cut to save the shale industry, Scott Sheffield, CEO of Pioneer Natural Resources, argued Tuesday in calling for the state to take action to force companies to hold back their production for the first […]
‘Texas Miracle’ “On Ice For Time Being” As Crude-Carnage & COVID-Chaos Double-Whammy Strikes Lone-Star State
‘Texas Miracle’ “On Ice For Time Being” As Crude-Carnage & COVID-Chaos Double-Whammy Strikes Lone-Star State West Texas Intermediate (WTI) spot prices plunged 7.5% to the 19-handle on Sunday evening, hitting lows not seen since 2002. WTI has crashed 70% in the last 56 trading sessions amid the COVID-19 crisis triggering a demand bust across the world. As […]
Texas Or Canada: Where Will Oil Hit $0 First
Texas Or Canada: Where Will Oil Hit $0 First Looking at the future of oil prices, Goldman was downright apocalyptic in its short-term forecast, when in a note published this morning, the bank’s chief commodity strategist Jeffrey Currie speculated that as the current production glut “shock” cripples the crude transportation networks, “a producer would be […]
From Boom To Bust: Permian Shale Towns Face Exodus
From Boom To Bust: Permian Shale Towns Face Exodus Perhaps it’s not evident to anyone who is not an oil-worker living in America’s biggest shale towns, but signs of the shale slowdown predicted by many analysts, and the EIA itself, are already surfacing in the form of vacant hotels, a dip in home prices, a […]
Power Grid Chaos Jolts Texas On Friday, Energy Costs Triple Amid Heat Wave
Power Grid Chaos Jolts Texas On Friday, Energy Costs Triple Amid Heat Wave The Electric Reliability Council of Texas (ERCOT) has been asking customers to conserve energy this week as spot power prices in Texas triple to a record on Friday. The state’s power grid operator that serves most of Texas declared an energy conservation emergency for […]
“This Is Blowing Up:” Texas Energy Costs Hit Record High Monday As Heatwave Strikes
“This Is Blowing Up:” Texas Energy Costs Hit Record High Monday As Heatwave Strikes Power demand in Texas hit a record high on Monday as consumers turned up their air conditioners to escape a heatwave that is boiling much of the southern Plains over the next 7-10 days. “A large ridge of high pressure has […]
A Texas Elementary School Speech Pathologist Refused to Sign a Pro-Israel Oath, Now Mandatory in Many States — so She Lost Her Job
A Texas Elementary School Speech Pathologist Refused to Sign a Pro-Israel Oath, Now Mandatory in Many States — so She Lost Her Job A CHILDREN’S SPEECH PATHOLOGIST who has worked for the last nine years with developmentally disabled, autistic, and speech-impaired elementary school students in Austin, Texas, has been told that she can no longer work […]
We Are Seeing Heat And Drought In The Southwest United States Like We Haven’t Seen Since The Dust Bowl Of The 1930s
We Are Seeing Heat And Drought In The Southwest United States Like We Haven’t Seen Since The Dust Bowl Of The 1930s Despite all of the other crazy news that is happening all around the world, the top headlines on Drudge on Monday evening were all about the record heatwave that is currently pummeling the […]
Flip This Well: How Fracking Company CEOs Get Rich While Losing Billions
Flip This Well: How Fracking Company CEOs Get Rich While Losing Billions Last year the fracking company Halcón Resources announced a new strategy that was sold as the path to profits for the previously troubled shale oil and gas firm. The company had sold its stake in the Bakken oil fields in order to double down […]
