Energy
Oil analyst on restart for refineries in Texas following winter storm
Lipow Oil Associates President Andy Lipow on his outlook for Texas following the deep freeze and the related power outages.
Texas power failure shows importance of making systems more ‘resilient’: Eos Energy CEO
Eos Energy Enterprises CEO Joe Mastrangelo discusses ways to improve U.S. energy systems and storage following the deadly winter storm and power outages in Texas.
'The majority of normal operations' in Texas will be restored in 2 weeks: Oil analyst
Lipow Oil Associates President Andy Lipow expects it will take about two weeks to restore 'the majority of normal operations' in Texas following the winter storm.
Texans' 'skyrocketing' energy bills from winter storm aren't their responsibility, Gov. Abbott says
As the state reels under one of the worst electricity outages in U.S. history, Texas Gov. Greg Abbott and members of the legislature will calculate the total cost of these bills and "find ways that the state can help reduce this burden."
Bill Gates: Failure to achieve zero net emissions by 2050 will cause migration worse than Syrian crisis
Microsoft founder and philanthropist Bill Gates warned that there will be dire consequences if the world does not achieve zero net carbon emissions by the year 2050.
Senator seeks probe of natural gas price spikes during storm
Natural gas spot prices spiked as high as 100 times typical levels, forcing utilities and other natural gas users to incur exorbitant costs
John Catsimatidis rips Biden energy plan, predicts it will hurt 'every consumer'
President Biden's plan to combat climate change will hurt "every consumer" in America, businessman and philanthropist John Catsimatidis told FOX Business Network's "Kudlow" Friday.
Texas winter storm shows electric grid needs reform as state’s power comes back online: Rep. Arrington
Texas Rep. Jodey Arrington discusses the various factors that led the Texas electrical grid and infrastructure to fail during one of the strongest winter storms in a century.
Texas power grid back to normal: ERCOT
Texas’ power grid is running at normal operations, the Electric Reliability Council of Texas said on a conference call Friday morning.
Oil drops as investors gauge big chill impact on US refineries, OPEC+ output rise
Both benchmark contracts rallied to 13-month highs on Thursday driven by the historic freeze in U.S. southern states
Carl Icahn eyes scandal mired FirstEnergy
Billionaire investor Carl Icahn has signaled an interest in making a large purchase of voting shares from one of the country’s largest electric utilities, which is currently under investigation for its role in an Ohio bribery scandal.
Carolinas could see 1M power outages
Duke Energy Corporation predicted Wednesday that conditions from the latest winter storm could result in nearly one million power outages, with some lasting over a span of days.