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Brutal winter storms in Texas have knocked out power for thousands, underscoring the need for large investments in U.S. infrastructure one industry insider thinks.
Former HUD Secretary Henry Cisneros joined Yahoo Finance Live to break down why what's happening in Texas is a prime example of why the government needs to invest more money into infrastructure.
To cover debt incurred due to high natural gas prices, utilities outside Texas have had to raise prices. Oklahoma Natural Gas is charging customers up to $7.80 per month for the next 25 years to securitize its costs of $1.4 billion during the crisis. [138] The natural gas industry reaped a windfall profit of $11 billion during the crisis. [22]
A natural gas glut in the US has sent prices for the commodity tumbling to multi-decade lows, down 43% over the past year.At West Texas's key trading spot, the Waha Hub, prices have been negative ...
The climate in Texas is changing partially due to global warming and rising trends in greenhouse gas emissions. [1] As of 2016, most area of Texas had already warmed by 1.5 °F (0.83 °C) since the previous century because of greenhouse gas emissions by the United States and other countries. [1]
The Texas LNG project is a multi-decade liquid natural gas shipping terminal project near Brownsville, Texas. It has been in the planning stages since the early 2010s and, as of 2019, gained regulatory authority approval for construction and operation in the 2020s, with initial export shipments as early as 2025.
Hurricane Beryl landing on Texas coast has caused several road closures and delays in the Houston area and beyond. More than 1 million customers have lost power within hours of Beryl's landfall ...
The Texas Oil and Gas Association (TXOGA) is a industry group representing the petroleum and natural gas industries in Texas. Texas is the biggest producer of fossil fuels in the United States, account for 41% of crude oil production, 25% of natural gas, and 31% of refining capacity. [1]